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Published on Thursday, August 27, 2015 | Updated on Monday, August 31, 2015

U.S. GDP Flash: Consumption Still in the Driver's Seat for GDP

Real GDP growth in 2Q15 was revised from 2.3% QoQ SAAR to 3.7%. Nonresidential investment crossed back into positive territory despite weakness in energy. Robust 2Q GDP doesn’t offset recent volatility in financial markets in Fed’s mind