The US Bureau of Economic Analysis puts out 3 estimates for the GDP each quarter, with the third and final estimate being the most reliable.
In 2022, most Auto stocks (except the ones with global exposure) outperformed broad markets. Volume growth was strong across segments (9%-44%) and there is expectation of margin improvement, as operating leverage and lower commodity prices kick in.
ACN reiterated FY23 revenue growth guidance to 8-11% YoY CC (inorganic contribution of ~2.5%), led by double-digit growth in managed services.
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