TABLE-US final Q2 GDP data
Sept 25 (Reuters) - Commerce Department's Bureau of Economic Analysis' seasonally adjusted Gross Domestic Product data on a chain-weighted basis. Following are annualized percent changes from prior quarters, in 2017 chain dollars: Q2-F Q2-P Q1 2024 GDP 3.8 3.3 -0.6 2.8 Final Sales of Dom. Product 7.5 6.8 -3.2 2.8 Final Sales to Dom. Buyers 2.4 1.6 1.4 3.1 PCE price index 2.1 2.0 3.4 2.6 Core PCE price index 2.6 2.5 3.3 2.9 PCE ex food/energy/housing 2.3 2.2 3.2 N/A PCE services ex energy/housing 2.4 2.1 3.9 N/A Mk-based PCE price index 2.2 2.1 3.0 2.2 Core Mkt-based PCE price index 2.8 2.6 2.8 2.6 GDP price index 2.1 2.0 3.6 2.5 Implicit deflator 2.1 2.0 3.6 2.5 Consumer Spending 2.5 1.6 0.6 2.9 Durable goods 2.3 2.6 -3.4 3.9 Nondurable goods 2.2 2.3 2.2 2.3 Services 2.6 1.2 0.8 3.0 Business investment 7.3 5.7 9.5 2.9 Structures -7.5 -8.9 -3.1 1.1 Equipment 8.5 7.4 21.4 3.5 Intellectual property/software 15.0 12.8 6.5 3.5 Housing investment -5.1 -4.7 -1.0 3.2 Exports -1.8 -1.3 0.2 3.6 Imports -29.3 -29.8 38.0 5.8 Government purchases -0.1 -0.2 -1.0 3.8 Federal -5.3 -4.7 -5.6 3.8 State and local 3.1 2.6 1.9 3.8 GDP ex-motor vehicle output 3.4 2.7 -0.3 2.9 Business inventory change to GDP -3.44 -3.29 2.58 0.01
A-Advance (1st estimate). P-Preliminary (2nd.). F-Final (3rd.) N/A - not available PERCENT CHANGE FROM YEAR-AGO QUARTER:
Q2-F Q2-P Q1 Q2'24 PCE price index 2.4 2.4 2.6 2.7 Core PCE price index 2.7 2.7 2.8 2.8
A-Advance (1st estimate). P-Preliminary (2nd.). F-Final (3rd.). N/A-Not available Seasonally adjusted annual rates, in blns of 2017 chain dlrs:
Q2-F Q2-P Q1 2024 GDP 23,771.0 23,703.8 23,548.2 23,358.4 Final sales of Dom. Product 23,765.6 23,696.0 23,340.5 23,276.9 Final sales to Dom. Buyers 24,808.4 24,713.6 24,664.0 24,289.5 Consumer spending 16,445.7 16,355.4 16,345.8 16,088.5 Durable goods 2,132.2 2,114.4 2,120.1 2,059.6 Nondurable goods 3,507.9 3,490.9 3,488.9 3,417.3 Services 10,842.3 10,786.2 10,773.6 10,642.1 Business investment 3,659.3 3,650.1 3,595.4 3,518.9 Structures 661.2 656.8 674.2 694.0 Equipment 1,414.7 1,428.4 1,386.0 1,311.5 Intellectual property/software 1,593.8 1,575.9 1,539.0 1,511.0 Housing investment 778.5 784.9 788.8 790.4 Business inventory change -18.3 -32.9 172.0 43.5 Farm 19.5 3.0 7.6 0.3 Nonfarm -43.0 -36.9 164.1 43.3 Net exports goods/services -1,058.0 -1,029.0 -1,380.7 -1,032.6 Exports 2,647.3 2,631.1 2,659.5 2,633.6 Imports 3,705.3 3,660.1 4,040.2 3,666.2 Government purchases 3,993.0 3,988.7 3,993.9 3,945.3 Federal 1,516.6 1,498.6 1,537.2 1,527.4 State and local 2,475.3 2,488.5 2,456.3 2,417.8 A-Advance (1st estimate). P-Preliminary (2nd.). F-Final (3rd.)
FORECASTS: Reuters survey of U.S. economists' forecast for Final Q2: +3.3 pct for GDP +6.8 pct for Final Sales +2.0 pct for Implicit Deflator +2.5 pct for Core PCE price index +2.0 pct for PCE price index
NOTE: The final Q2 2025 GDP report includes annual revisions to U.S. real gross domestic product and related components covering 2020 through the first quarter of 2025.
((Washington newsroom))
