01:30 PM BST, United States - GDP data:
- GDP (Q2): actual 3.0% QoQ; forecast 3.0% QoQ; previous 3.0% QoQ;
- GDP Price Index (Q2): actual 2.5% QoQ; forecast 2.5% QoQ; previous 2.5% QoQ;
- GDP Sales (Q2): actual 1.9%; forecast 2.2%; previous 2.2%;
- Core PCE Prices (Q2): actual 2.80%; forecast 2.80%; previous 2.80%;
- PCE Prices (Q2): actual 2.5%; forecast 2.5%; previous 2.5%;
- Real Consumer Spending (Q2): actual 2.8%; forecast 2.9%; previous 2.9%;
In Q2 2024, the U.S. real GDP grew at an annualized rate of 3.0%, up from 1.6% in Q1, driven by increases in consumer spending, private inventory investment, and nonresidential fixed investment. Current-dollar GDP rose 5.6% to $29.02 trillion. Personal income saw significant gains, with disposable income up 5.0%. Real gross domestic income (GDI) increased by 3.4%, while corporate profits rose $132.5 billion, reflecting strong performance in nonfinancial corporations despite a slight decline in financial sector profits.
إبدأ بالإستثمار اليوم أو تدرّب على حساب تجريبي
إنشاء حساب حساب تجريبي تحميل تطبيق الجوال تحميل تطبيق الجوال
The final data for the last quarter turn out to be even better than expected with no indication of a potential slowdown. Following the publication, the dollar strengthens slightly against the euro. However, the dollar index continues to remain in negative territory on a daily basis.
