You are right that revisions in GDP subsequent to the original BEA announcement are unpredictable. But I am willing to bet you that, within two months of now, either Q1 or (not as likely) Q2, is revised upward.
Jeffrey Frankel, Professor of Capital Formation and Growth at Harvard University, previously served as a member of President Bill Clinton’s Council of Economic Advisers. He is a research associate at the US National Bureau of Economic Research.
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