US: Q2 Real GDP Expanded by a Healthy 2.1%, While GDI Sees Modest Gain
<p>The Bureau of Economic Analysis’ second estimate of Q2-2023 real GDP was revised 0.3%-pts lower to 2.1% quarter-over-quarter (q/q, annualized). Consumer spending advanced by 1.7% – largely unchanged from the previously reported gain of 1.6%. Spending on services was a tick higher at 2.2% but was partially offset by slightly weaker spending on goods (+0.6%). […]</p>
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