30-07-2021, 05:58 PM
![](https://i.imgur.com/CLvY2jA.png")
USA : Q2 GDP rose 6.5%. Well below expectations
![[Image: Screenshot-20210730-175611.jpg]](https://i.ibb.co/374XkxH/Screenshot-20210730-175611.jpg)
30-07-2021, 06:01 PM
While that would have been strong prior to the pandemic, the gain was considerably less than the 8.4% Dow Jones estimate.
Gross private domestic investment fell 3.5% as declines in private inventory and residential investment held back gains. Rising imports and a 5% decline in the rate of federal government spending, despite the ballooning budget deficit, also were factors, the Bureau of Economic Analysis report said.
The overall increase came thanks to increasing personal expenditures, which rose 11.8% as consumers accounted for 69% of all activity. Nonresidential fixed investment, exports and state and local government spending also helped boost output.
The personal savings rate dropped sharply, tumbling to $1.97 trillion from $4.1 trillion in the previous period.
Gross private domestic investment fell 3.5% as declines in private inventory and residential investment held back gains. Rising imports and a 5% decline in the rate of federal government spending, despite the ballooning budget deficit, also were factors, the Bureau of Economic Analysis report said.
The overall increase came thanks to increasing personal expenditures, which rose 11.8% as consumers accounted for 69% of all activity. Nonresidential fixed investment, exports and state and local government spending also helped boost output.
The personal savings rate dropped sharply, tumbling to $1.97 trillion from $4.1 trillion in the previous period.
19-12-2021, 09:47 PM
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27-12-2021, 08:44 PM
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