Posted on 07/31/2013 7:25:37 AM PDT by whitedog57
Revised Q2 GDP printed at 1.7% and that was higher than expected (1.0%), but lower than the previous print of 1.8%. And that print of 1.8% was revised downward to 1.1%.
realgdp17
The GDP revision polka (pre- and post-revisions):
GDP pre post revision
Personal consumption growth, a large piece of real GDP, slowed to 1.8% in Q2 from a downward-revised 2.3% in Q1, also beating economists consensus estimate of 1.6% growth.
pce073113
The personal saving rate (personal saving as a percentage of disposable personal income) was 4.5 percent in the second quarter, compared with 4.0 percent in the first quarter.
Residential investment rose 13.4% while nonresidential structures rose 6.8%. gdp2q13_adv
Here is a table of the relevant GDP changes.
GDP revision
The GDP revision polka!
PolkaCantDie2
More fun with numbers. Ages 3 and under.
Math is easy for liberals.
Two plus two equals six as two approaches three.
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