Table - U.S. prelim Q2 GDP data
SPY•U.S. prelim Q2 GDP data
Aug. 26 (Reuters) - Commerce Department's Bureau of Economic Analysis' seasonally adjusted Gross Domestic Product data on a chain-weighted basis.
Following are annualized percent changes from prior quarters, in 2017 chain dollars:
| Q2-P | Q1-A | |
|---|---|---|
| GDP | 1.5 | 1.5 |
| Final Sales of Dom. Product | 2.2 | 2.2 |
| Consumer Spending | 3.4 | 3.2 |
| Implicit deflator | 6.4 | 6.3 |
| Core PCE price index | 3.6 | 3.4 |
| PCE price index | 5.3 | 5.1 |
| PCE ex food/energy/housing | 3.4 | 3.2 |
| PCE services ex-energy/housing | 3.7 | 3.4 |
A-Advance (1st estimate). P-Preliminary (2nd). F-Final (3rd).
The BEA also released estimates of profits by U.S. corporations. Data are in seasonally adjusted percent changes.
| Q2 | Q1 (Prev) | |
|---|---|---|
| Corporate profits after tax | 8.2 | 0.5 |
NOTE: Corporate profits after tax include inventory valuation and capital consumption adjustments.
FORECASTS: Reuters survey of U.S. economists' forecast for prelim. Q2:
- +1.5 pct for GDP
