Today's Huge Number...

women, factory

Photo: Flickr / State Library of South Australia

Just a quick reminder: Today’s huge number is Q1 GDP, which is coming out at 8:30 AM ET.Generally projections have been ticking up for it, in part thanks to inventory boosts which may not last.

Here’s Nomura’s one-line forecast:

GDP, Q1 1st: We believe real GDP grew at an annualized pace of 2.8% in the first quarter of 2012, supported by strong business investment and consumer spending, growth in exports and inventory building that outweighed a drag from government spending.

Obviously we’ll have the news LIVE when it comes out.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In

gdp moneygame-us