We’ll also get a look at fourth-quarter GDP growth when the government releases data on Friday. Economists have steadily lowered expectations on the report. Garcia thinks GDP will be in the 3-3.5% range. He says low oil prices and the volatility they have caused will play a role in the country’s growth. “The drop in oil prices is going to be overwhelmingly good for the economy. On the other hand, the immediate impact is one of volatility. It takes a little while for those sectorial shifts to happen. There might be weaker investment in energy and energy related sectors.”
More From Yahoo Finance