Q2 2015 US GDP advance 2.3% vs 2.5% exp q/q annualised

Q2 2015 US GDP flash data report 30 July 2015
– Q1 final -0.2%. Revised to +0.6%
– Personal consumption 2.9% vs 2.7% exp. Prior 2.1%. Revised to 1.8%
– PCE 2.2% vs 2.0% exp. Prior -2.2%. Revised to -1.9%
On a quick look we’re doing ok. 2.3% is around the ball park which reduces worries that Q2 would follow in the footsteps of Q1

Tags: