Key Insights
- GDP Growth Rate increased from 2% in the first quarter to 2.1% in the second quarter.
- GDP Price Index declined from 4.1% to 1.7%.
- Initial Jobless Claims grew from 202,000 to 204,000.
On September 28, U.S. released the final reading of the second-quarter GDP Growth Rate report. The report indicated that GDP Growth Rate was 2.1%, in line with the analyst consensus.
GDP Price Index declined from 4.1% in the first quarter to 1.7% in the second quarter, compared to analyst consensus of 2%.
Today, traders also had a chance to take a look at the Initial Jobless Claims report, which indicated that 204,000 Americans filed for unemployment benefits in a week. Analysts…
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