Wallstreetcn
2024.09.26 13:44
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The final annualized seasonally adjusted real GDP for the second quarter in the United States was 3%, while the PCE price index was 2.8%, both unchanged from the initial values

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Data released on September 26th showed that the actual annualized seasonally adjusted GDP for the United States in the second quarter was 3%, slightly higher than the expected 2.9%, with an initial value of 3%.

The final value of the core Personal Consumption Expenditures (PCE) Price Index for the second quarter was 2.8% on an annualized seasonally adjusted basis, in line with expectations and the initial value.

After the data was released, the market remained relatively stable, with U.S. bonds maintaining an upward trend.

The final economic data for the second quarter slightly exceeded market expectations.

Prior to this, the market generally expected GDP to be slightly revised down from 3% to 2.9%. Goldman Sachs was more pessimistic, pointing out that due to downward revisions in non-residential construction, service consumption, and equipment investment, last year's GDP growth rate will be revised down by 0.3-0.4%, with these adjustments combined leading to a year-on-year GDP growth rate for the second quarter dropping from 3.1% to 2.7%