Investing.com – U.S. second-quarter GDP was in line with forecasts, official preliminary data Friday showed.
The Bureau of Economic Analysis said GDP rose an annual 2.6% in the June quarter.
The consensus forecast was for second-quarter GDP growth of 2.6%.
In the first quarter, real U.S. GDP was revised to up 1.2% from a previous reading of 1.4%.
The GDP price index was up 1.0%, compared with a forecast of a rise of 1.3%.
Real consumer spending was up 2.8% in line with estimates.
Thedollar index was down 0.32% at 93.47 after the data.