Report
Data Round-Up: 14Q2 GDP Revision/Mix, Healthy Initial Claims Bode Well
posted by Michael Lewis on August 28, 2014
Found in US, categorized in Growth Outlook and Business Cycle
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Headline
Though it was hardly an earth-shattering change, 14Q2 real growth was revised up, consistent with an improving economic picture. Moreover, the 14Q2 mix has greater final sales and a smaller contribution from inventories, which bodes well for 2014-H2.
Abstract
FMI’s analyses of this morning’s Second Report of 14Q2 GDP and the latest Weekly UI Claims & Rail Traffic data.