1:32 PM · 26 September 2024

BREAKING: US final GDP slightly above expectations 🎯

EUR/USD
Forex
-
-

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.

 

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.

 

 

16 October 2025, 6:57 AM

Morning wrap (16.10.2025)

15 October 2025, 6:34 PM

Daily Summary – Wall Street Rally Driven by Powell’s Promises

15 October 2025, 3:11 PM

Fed's Miran signals two more rate cuts this year and disinflationary process🗽

15 October 2025, 1:32 PM

BREAKING: NY Empire better than expected; EURUSD muted 📌

Join over 1 700 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits