U.S. 2Q final sales revised up to 3.7%, vs. 3.2% previously
8:30 AM ET, Aug 30, 2007 - 1 minute ago
03. U.S. 2Q core inflation lowest in 4 years
8:30 AM ET, Aug 30, 2007 - 1 minute ago
04. U.S. 2Q nonresidential investment up 11.1%
8:30 AM ET, Aug 30, 2007 - 1 minute ago
05. U.S. 2Q residential investment falls 11.6%
8:30 AM ET, Aug 30, 2007 - 1 minute ago
06. U.S. 2Q consumer spending rises 1.4%
8:30 AM ET, Aug 30, 2007 - 1 minute ago
07. U.S. 2Q corporate before-tax profits up 6.4% quarterly rate
8:30 AM ET, Aug 30, 2007 - 1 minute ago
08. U.S. 2Q GDP revisons due to trade, investment in structures
8:30 AM ET, Aug 30, 2007 - 1 minute ago
09. U.S. GDP revised higher to 4% in second quarter
8:30 AM ET, Aug 30, 2007 - By Rex Nutting - 1 minute ago
WASHINGTON (MarketWatch) - The U.S. economy bounced back in the second quarter after very weak growth earlier in the year, growing at a 4% annual real growth rate, the Commerce Department reported Thursday. The upward revision to second-quarter gross domestic product is likely to have a minimal impact on financial markets, which are preoccupied by the credit crunch that's emerged since the end of June. The upward revision to GDP was largely due to an improved trade balance and to the biggest increase in investments in commercial buildings in 26 years. Growth was led by trade and business investment. Consumer spending, government spending and inventories also contributed to growth. Housing remained a strong drag on growth.
10. U.S. 2Q core PCE price index revised down to 1.3% vs. 1.4%