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Second Quarter Growth Disappoints Despite Consumption Strength

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 29, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Real GDP increased by an annualized 1.2% in the second quarter of 2016 according to the advance BEA estimate, or about a half of the expected growth rate of 2.5%. To make matters worse, growth in the first quarter was also revised down from 1.1% to just 0.8%. Personal consumption led[​IMG]

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