Revision on the back of Q2 results.
Now that Q2 is behind us (first look at least), Goldman is looking at Q3. Part of Q3 is how Q2 ended. That is what is the start point for consumption, government, net trade, investment. They expect that Q3 will now come in at 2.4% vs 2.5% prior.
Not a bid deal, but not a bad level either.
By the way, the NY Fed reported earlier that their track of Q3 is at 1.92% (from 1.95%)
