GDP expected at 3.3%

Estimates:

  • GDP 3.3% vs 4.2% last
  • Personal Consumption 3.3% vs 3.8% last
  • GDP Price index 2.1% vs 3.0% last
  • Core PCE QoQ 1.8% vs 2.1% last
  • GDP deflator 2.1% vs 3.3% last

In the 2Q GDP grew at a 4.2% rate annualized.