🇺🇸 US Economy Update:

++ Q2 2023 GDP grows by 2.4%.

++ Latest economic data in the US:

++ Jobless claims drop 7k to 221k in the week (Forecast: 235k).

++ Trade deficit of goods reaches $87.84 billion in June.

++ Durable goods orders rise 4.7% in June from May (Forecast: +0.7%).

++ Core durable goods orders up 0.6% in June from May (Forecast: flat).

++ PCE (1st estimate) rises at an annualized rate of 2.6% in Q2 2023.

++ Core PCE (1st estimate) rises at an annualized rate of 3.8% in Q2 2023.

#US #Economy #GDP #JoblessClaims #TradeDeficit #DurableGoods #PCE #EconomicIndicators

Reply to this note

Please Login to reply.

Discussion

No replies yet.