U.S. GDP Growth in Q2 2011 At 1.3%
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.
Global Macro Perspectives
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.