Market Review, July 2011

Publication Date: 

July 2011

PDF File: 

PDF icon VCG Monthly Review July 2011.pdf

Summary: 

The U.S. second quarter real GDP increased at an annual rate of 1.3%, significantly lower than the 1.8% expected annual growth rate. Consumer spending (red bar in the graph below) decelerated sharply during the quarter, advancing at an annual rate of 0.1%, the weakest growth rate reported since the recession ended two years ago. The real surprise was the sharp downward revision of the first quarter GDP growth to 0.4% from the previously reported 1.9%.

Vantage At a Glance

Vantage Consulting Group
3500 Pacific Ave
Virginia Beach, VA 23451

Phone: (757) 491-1200
Fax: (757) 422-5378

Vantage Logo

The views expressed on this website and in its published documents do not constitute investment advice or recommendations by Vantage Consulting Group or its staff. This commentary is provided for informational purposes only, and is not an offer or recommendation of shares or investments, or a prediction of any future performance.

Download Client Relationship Summary (CRS)
This material is for informational and illustrative purposes only, and does not constitute research. No information contained herein constitutes investment advice or an offer to sell or buy a security. Except for personal printing or excerpting, no text or graphics may be reproduced or retransmitted in any manner without the prior written permission of Vantage Consulting Group. Vantage Consulting Group does not represent, warrant, or guarantee that this information is suitable for any investment purpose and it should not be used as a basis for investment decisions. Past performance does not guarantee or indicate future results.