U.S. | Final Estimate for Real GDP Growth Hits 3.9%
Published on Friday, September 25, 2015 | Updated on Friday, September 25, 2015
U.S. | Final Estimate for Real GDP Growth Hits 3.9%
Summary
The final estimate for 2Q15 real GDP growth hit 3.9% QoQ SAAR, revised up slightly from 3.7%, reflecting stronger personal consumption and nonresidential investment. Economic data in 3Q thus far has proven to be weaker than what we saw in 2Q, and we are expecting it to show through in the advance GDP report to be released next month.
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Authors
Kim Fraser