​Q2 GDP Unexpectedly Revised Higher On Bizarre Surge In Personal Consumption – Tyler Durden

Q2 GDP Unexpectedly Revised Higher On Bizarre Surge In Personal Consumption Just two hours after (ultra) discount retailer Dollar General reported catastrophic earnings, moments ago the Biden Bureau of Economic analysis decided to pull a BLS, and reported in its first revision of Q2 GDP that the US actually grew much stronger than expected on the back of – drumroll – an unexpected surge in personal consumption. According to the BEA, Q2 GDP was revised to 3.0% from the 2.8% advance estimate, and beat estimates of a 2.8% print. The number was more than double the 1.4%  growth reported in…  — Continue at ZeroHedge News : Read More