Details of the US GDP 1st revision for Q2 2015
– Prior 2.3%
– Personal consumption 3.1% vs 3.1% exp. Prior 2.9%
– Sales 3.5% vs 2.9% exp. Prior 2.4%
– Core PCE 1.8% vs 1.8% exp. Prior 1.8%
Off the bat much better than expected and tha’s going to calm the market and bring a Sep Fed hike back onto a few economists calendars