Wednesday, August 29, 2012

US Q2 2012 GDP 2nd Estimate

Today the BEA released their second estimate of Q2 GDP.  The number was revised up to 1.7% from 1.5% primarily from lower imports and higher PCE.

Link to release
http://www.bea.gov/newsreleases/national/gdp/2012/pdf/gdp2q12_2nd.pdf

Personal Consumption (United States) {US}
OBSERVATION PERIOD: 2Q S (Quarterly)
ACTUAL  : 1.7%
PRIOR   : 1.5%
REVISED : --
SURVEY  : 1.5%  (Mean: 1.5%, High: 1.6%, Low: 1.4%)

GDP Price Index (United States) {US}
OBSERVATION PERIOD: 2Q S (Quarterly)
ACTUAL  : 1.6%
PRIOR   : 1.6%
REVISED : --
SURVEY  : 1.6%  (Mean: 1.6%, High: 1.6%, Low: 1.5%)






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