U.S. GDP Growth in Q2 2011 At 1.3%

(For Q2 2011)

U.S. GDP growth for Q2 was reported at 1.3%; consensus was at 1.9%. Q1 2011 reading was revised +0.4% (initial reading was at 1.8%).

Large negative surprise. This proves that FY growth consensus is way too high.

This entry was posted on Friday, July 29th, 2011 at 8:26 am and is filed under U.S. Economic Data. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Comments are closed.

 

Get Adobe Flash player