- +2.5% prev
- core PCE qq +1.4% as expected
USD selling still going through with GBPUSD back up to 1.5995, USDJPY down to 108.97 EURUSD 1.2595
The below graph shows the contributions to the GDP. Consumption was responsible for 1.22%, Net Exports added 1.32% and Government contributed 0.83% (the highest since June 2009). Private Investment was took the quarter off as it only contributed 0.17%.
Where is the growth coming from in the GDP? Consumption and Exports. Investment took the quarter off.
