GDP and Jobless Claims
Q2 PRELIMINARY GDP PRICE INDEX: 1.2% V 1.1%E; CORE PCE Q/Q: 2.1% V 2.1%E
Q2 PRELIMINARY GDP ANNUALIZED: 3.3% V 2.7%E; PERSONAL CONSUMPTION: 1.7% V 1.6%E
INITIAL JOBLESS CLAIMS: 425K V 425KE; CONTINUING CLAIMS: 3.423M V 3.390ME
- Prior Initial Jobless Claims revised from 432K to 435K
- Prior Continuing Claims revised from 3.362M to 3.359M
Initial market reaction to the upside.
