FedEx sees global GDP growth of 2.3% in 2013, 3% in 2014

On its Q3 earnings conference call, FedEx (FDX) said it has adjusted its GDP and industrial production forecasts since its last earnings call. The company now projects U.S. GDP to grow 2% in calendar year 2013 and 2.5% in calendar 2014. The shipper sees industrial production growth of 3% in 2013 and 3.5% in calendar 2014. FedEx gave a global GDP forecast of 2.3% growth in 2013 and 3% in 2014.

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