Poor Canadian Math Makes US Economy Seem Weak

Friday's 4th quarter of 2004 growth report could be revised higher because of a miscalculation by Canada's statistics agency. Friday's report showed the U.S. economy grew by 3.1 percent on an annual basis, lagging forecasts for 3.5 percent growth.

Am I the only one who is fining Canada to be increasingly that neighbor that refuses to cut their lawn and plays loud music at all hours of the night?

UPDATE:

WASHINGTON (Reuters) - A correction to Canadian trade data will affect previously released U.S. fourth-quarter economic growth and November trade figures, but revisions will not be made until mid- to late-February, the Commerce Department said on Monday.

"The correction of the Statistics Canada estimate will have an impact on U.S. calculations of goods and services trade for November and of U.S. GDP for the fourth quarter of 2004," the Commerce Department's Bureau of Economic Analysis said in a statement.

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