Final Q2 GDP was 3.0%Consumer spending (PCE): +3.7% annual rateDurable goods: +8.1%GDP final sales (excluding inventories): +3.0%GDP price index (GDP deflator): +1.8%Core PCE (excluding food & energy): +2.2% vs +2.1% expectedPCE price index 1.5%Greg covered the inflation numbers in more detailBusiness investment (nonresidential fixed investment): +3.3%Contributors and subtractors to the 2.8% growth:Consumption: +2.46% vs +1.90% priorGovernment: +0.85% vs +0.52% priorNet International trade: -0.56% vs -0.90% priorInventories: -0.17% vs +1.05% priorThe final Atlanta Fed GDPNow reading was 2.8%.USD/JPY was trading at 153.37 ahead of the report and is right back there after a small foray higher
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