US Q1 2nd estimate GDP -0.2% vs -0.3% expected

• Prior estimate -0.3%
• GDP 2nd revision -0.2% versus -0.3% expected
• GDP deflator 3.7% versus 3.7% expected and 3.7% preliminary
• Core AC prices 3.4% versus 3.5% estimate and 3.5% preliminary
• PCE prices preliminary 3.6% versus 3.6% preliminary
• PCE ex food, energy and Housing 3.3% versus 3.4% preliminary
• PCE ex energy and housing 4.1% vs 4.2% preliminary
• Sales preliminary -2.9% versus -2.5% advanced release
• Consumer spending +1.2% versus 1.8% advanced release

This article was written by Greg Michalowski at www.forexlive.com.