Q2 2018 US GDP revision 29 August 2018
- Prior 4.1%
- Exports 9.1% vs 9.3% prior
- Imports -0.4% vs 0.5% prior
- Sales5.3 % vs 5.0% exp. Prior 5.1%
- Consumer spending 3.8% vs 3.9% exp. Prior 4.0%
- Deflator 3.2% vs 3.0% exp. Prior 3.2%
- PCE 1.9% vs 1.8% exp. Prior 1.8%
- Core PCE 2.0% vs 2.0% exp. Prior 2.0%
- Q2 corp profits 2.4% vs 8.6% exp. Prior 8.7%
A better revision but nothing too far out. Good numbers for sales but spending takes a dip. Inflation still lurking in the quarterly numbers. Corp profits look a bit sickly though.
Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
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