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📊🇺🇸 U.S. GDP Dashboard: Q2 Contracts By 0.9%

Writer's picture: Rosbel DuránRosbel Durán
  • Q2 flash U.S. GDP figures

  • Second quarter durable goods real personal consumption expenditure fell by 0.01%, consumption in nondurable goods and services showed marginal upticks

  • Residential fixed investment fell by 0.04%, a decline of 25.8 billion from the previous 698.7 billion, this records at the lowest since Q3 2020

  • Imports of goods and services increased by 0.01%, exports were lifted by 0.04% on the quarter. However, net exports stand at -1.475 trillion, this is a rebound from the previous -1.545 trillion







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