U.S. Q2 Economic Growth Slows to 1.5%, Missing Forecasts, as June PCE Index Falls 0.1% Month-Over-Month
The U.S. economy grew at a slower-than-expected 1.5% annualized rate in the second quarter, according to a preliminary Commerce Department report that fell short of the 2.0% to 2.1% forecast. The figure marks a clear deceleration from the 2.1% expansion recorded in the first quarter.
In the same data release covering prices and spending, the Commerce Department reported that the core personal consumption expenditures price index, the Federal Reserve’s preferred measure of underlying inflation, rose 3.3% year-over-year and 0.1% month-over-month. The headline price index dropped 0.1% month-over-month for the first decline since 2020, while initial jobless claims fell to 197,000.
From the sources (25 posts)
@financialjuice🔴 US GDP QOQ ADVANCE ACTUAL 1.5% (FORECAST 2%, PREVIOUS 2.1%) $MACRO
@financialjuice🔴 US CORE PCE PRICE INDEX YOY ACTUAL 3.286526% (FORECAST 3.3%, PREVIOUS 3.4%) $MACRO
@deitaone*US JUNE PCE PRICE INDEX FALLS 0.1% M/M; EST. -0.1% *US JUNE PCE PRICE INDEX RISES 3.7% Y/Y; EST. +3.7% *US JUNE CORE PCE PRICE INDEX RISES 0.1% M/M; EST. +0.2% *US JUNE CORE PCE PRICE INDEX RISES 3.3% Y/Y; EST. +3.3%
@financialjuice🔴 ⚠️ BREAKING: US PCE PRICE INDEX YOY ACTUAL 3.7% (FORECAST 3.7%, PREVIOUS 4.1%) $MACRO
@wallstengineQ2 🇺🇸 ADVANCE GDP 1.5%, (Est. 2.0%) INITIAL JOBLESS CLAIMS 197K, (Est. 200K) CONTINUED JOBLESS CLAIMS 1.782M, (Est. 1.795M) PCE 3.7% YoY, (Est. 3.7%) PCE -0.1% MoM, (Est. -0.1%) CORE PCE 3.3% YoY, (Est. 3.3%) CORE PCE 0.1% MoM, (Est. 0.2
@cryptoroverBREAKING: 🇺🇸 US PCE DATA PCE (YoY): ACTUAL: 3.7% vs. EXPECTED: 3.7% CORE PCE (YoY): ACTUAL: 3.3% vs. EXPECTED: 3.3%
@kevrgordonJune headline PCE +3.7% vs. +4.1% prior ... core +3.3% vs. +3.4% prior
@cryptoroverBREAKING 💥 🇺🇸 US Q2 GDP came in at 1.5% Expectations: 2.1%
@stocksavvyshayMACRO DATA JUST DROPPED • PCE 3.7% YoY vs. Est. 3.7% • Core PCE 3.3% YoY vs. Est 3.3% • Personal spending +0.3% MoM vs. Est. +0.4% • Personal income +0.2% MoM vs. Est. +0.3% • U.S. Q2 Advanced GDP +1.5 vs. Est. +2.0%
@kevrgordonSupercore PCE +0.12% m/m in June ... softest gain since April 2025
@cointelegraph🇺🇸 JUST IN: The US economy grew at a 1.5% annualized rate in Q2, below the 2.1% forecast.
@kevrgordon3m annualized change in core services portion of PCE eased to +3.44% in June. Still quite firm
@cnbcU.S. economy slowed to 1.5% growth rate in Q2; June core inflation at 3.3%
@wsjBreaking: U.S. economic growth slowed to 1.5% in the second quarter, falling short of economists’ expectations
@polltracker2024CNN: US economy’s growth was weaker than expected in the second quarter US gross domestic product, which captures all the goods and services produced in the economy, expanded at an annualized rate of 1.5% from April through June. That wa
@kylegriffin1BREAKING: WASHINGTON (AP) - The U.S. economy grew at an unexpectedly sluggish 1.5% pace from April through June.
@kalshiJUST IN: US economy grew 1.5% in Q2 — below expectations.
@axiosU.S. economy grows at 1.5% rate in second quarter
@bbcworldUS economic growth slows to 1.5% in second quarter
@hedgeyeThe Fed's preferred inflation gauge, the PCE price index, fell -0.1% MoM in June. The first monthly decline since 2020.
@disclosetvJUST IN - U.S. GDP growth slows to 1.5%
@polymarketJUST IN: U.S. GDP growth slows to 1.5% in Q2.
@kevrgordonCore PCE Price Index +3.4% in the second quarter ... but the no bueno part was headline PCE, which rose by 6.2%
@polymarketJUST IN: U.S. inflation fell to 3.5% in June, its first decline in five months.
@cnbcEconomic growth was weaker than expected in the second quarter while inflation in June held well above the Federal Reserve’s goal, the Commerce Department reported Thursday. Gross domestic product, a broad measure of goods and services, in