Hot News: Second-Quarter GDP Up 5.2%, Way Ahead of Expectations
The hot gross domestic product figure is likely to put pressure on stocks.
The hot gross domestic product figure is likely to put pressure on stocks.
The preliminary second-quarter gross domestic product report was just released:
- GDP: +5.2%. Forecast: +3.8%. Previous: +4.8% (first quarter, revised from +5.5%).
Implicit price deflator: +2.5%. Forecast: +2.4%. Previous: +3.3% (revised from 3.0%).
