Q. What is the cause of the upward revisions in earnings?
The main upward revision was $2.1 billion for business investment.
The big surprise was a sharp upward revision in the January numbers.
But there could be an upward revision in projected order rates from the company, he added.
The committee's chief recommendation was for the upward revision of these rates.
That figure does not represent an upward revision in the size of the Bush administration's proposed tax cut.
The city said that 44,500 new jobs were added, an upward revision of 7,500 from its preliminary count.
Including an upward revision for November, recent construction activity has held up better than expected.
The number that led to all the selling was a very large upward revision in March retail sales.
The report is expected to contain an upward revision in this year's corn production.