The third look at second quarter US GDP for 2018
The second reading was +4.2%
Q1 growth was 2.2%
H1 growth 3.2%
Business inventories -$36.8B vs -$26.9B previously
Inventories cut 1.17 percentage points from GDP
GDP ex motor vehicles +4.5% vs +4.5% previously
Home investment -1.3% vs -1.6% previously
Final Q2 GDP deflator +3.3% vs +3.2% previously
Consumer spending +3.8% vs +3.8% previously
Growth was unrevised and remained at the fastest pace in nearly four years.