Coming up: U.S. Q4 GDP, ADP January jobs

WASHINGON (MarketWatch) - The U.S. likely grew about 1% in the final three months of 2012 and the ADP January employment report is forecast to show a 173,000 increase in jobs, according to economists surveyed by MarketWatch. The ADP report comes out at 8:15 a.m. and GDP at 8:30 a.m. Eastern. The projected decline in GDP would mark a sharp drop from the 3.1% pace in the third quarter, but investors should look beyond the headline number. The fourth-quarter report could be stronger in some aspects, such as consumer spending and business investment. Meanwhile, payroll processor ADP is likely to show that private-sector hiring in the U.S. slowed from an initially reported 215,000 pace in December.

Source: http://feeds.marketwatch.com/~r/marketwatch/marketpulse/~3/_pqSSPZTsK8/story.aspx

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