U.S. GDP expanded 1.7% in Q2.
As usual, Advisory Perspectives’ Doug Short has published a chart breaking it all down.
First the particulars, from the BEA:
- Spending increased 1.8%, compared with 2.3% in Q1.
- Investment increased 4.6%, compared with -4.6% in Q1.
- Exports increased 5.4%, compared with -1.3% in Q1. Imports increased 9.5%, compared with an increase of 0.6% in Q1.
- Government spending and investment fell -1.5%, compared with -8.4% in Q1.
And now, the chart:
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