U.S. | 2Q15 Real GDP hits 2.3% as BEA revisions attempt to tackle 1Q weakness

Summary

• Real GDP growth increased 2.3% QoQ SAAR in 2Q15, following a revised 0.6% in 1Q15 • BEA’s annual and seasonal adjustment revisions mostly impacted growth in 2013 • Strong consumption will continue in 2015, offsetting weak investment in the energy sector

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