Home » Usa: 2nd quarter GDP revised upwards to + 6.6% from + 6.5%. Upgrade thanks to consumption, exports and investments

Usa: 2nd quarter GDP revised upwards to + 6.6% from + 6.5%. Upgrade thanks to consumption, exports and investments

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The gross domestic product of the United States rose in the second quarter of the year by 6.6%. This was announced by the US Department of Commerce, revising upwards the figure from the + 6.5% initially disclosed. However, analysts had expected a more sustained upgrade, up to + 6.7%.

Among the GDP components, keep an eye on consumer spending, revised upwards from the + 11.8% previously communicated to + 11.9%; exports were revised upwards from + 6% to + 6.6%, imports from + 6.7% to + 7.8%, business investments from + 8% to + 9.3%, consumers on durable goods to + 11.3% from + 9.9% of the preliminary figure.

Investments in the real estate market, on the other hand, fell by 11.5%, more than the 9.8% decline initially reported.

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