Third reading: Q2 GDP +3.1% vs +3.0% rate of




The third look at Q2 GDP

  • The first estimate was +2.6%
  • Second estimate +3.0%
  • The personal consumption of +3.3% against +3.3% in the second estimate
  • GDP price index to 1.0% against +1.0% in second estimate
  • Core PCE q/q +0.9% vs. +0.9% in second estimate

Details:

  • Imports +1.5% vs. +1.6% prior
  • Exports +3.5% vs. +3.7% prior
  • The investment house -7.3% vs -6.5% prior

There is a slight improvement in the title, which is good news for growth. The bad news is that corporate profits after tax has been revised from +0.1% for +0.8%.

Stocks added to 0.12 pp to the growth. Inventories were up $5.5 B, compared to a $ 1.8 B is the second estimate.



Добавить комментарий

60