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SFY - Q2 GDP Advance Estimate: Real GDP At 2.1% Better Than Expected
SoFi Select 500
By Jill Mislinski
The Advance Estimate for Q2 GDP, to one decimal, came in at 2.1% (2.06% to two decimal places), a decrease from 3.1% for the Q1 Third Estimate. Investing.com had a consensus of 1.8%.
Here is the slightly abbreviated opening text from the Bureau of Economic Analysis news release:
Real gross domestic income ((GDI)) increased 1.0 percent in the first quarter, compared with an increase of 0.5 percent in the fourth quarter. The average of real GDP and real GDI, a supplemental measure of U.S. economic activity that equally weights GDP and