​Final Q2 GDP Beats Estimates On Inventory, Government Boosts; Second Half 2023 Revised Lower – Tyler Durden

Final Q2 GDP Beats Estimates On Inventory, Government Boosts; Second Half 2023 Revised Lower Nobody will care about today’s final revision of the Q2 GDP print for the simple reason that the quarter ended almost exactly three months ago, and from a fundamental standpoint, the only number that matters now is the third quarter, which will be unveiled in a few weeks time. What matters more is that as noted last night, today’s annual update for the National Economic Accounts, which include the National Income and Product Accounts (NIPAs) and the Industry Economic Accounts (IEAs). The update includes revised estimates…  — Continue at ZeroHedge News : Read More