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VCG Monthly Review Sept 2015

Publication Date: 

September 2015

Summary: 

US real GDP expanded at an annual rate of 3.9% in the second quarter according to the third estimate released by the Bureau of Economic Analysis. This is a 0.2% increase over the prior estimate of 3.7%, driven primarily by an upward revision in Personal Consumption Expenditures (from 3.1% to 3.6%). Real GDP increased 2.7% year-over- year (YoY).