📍 GDP & Q2/2025 Consumption: Revised data surprisingly positive

⚡️The latest data from BEA shows that the U.S. economic picture for Q2 has been revised stronger, despite recession concerns:

📌 GDP Growth: Annualized GDP +3.3%, higher than the initial estimate of +3.0%. The momentum comes from reduced imports contributing to GDP(, stronger consumption, and improved investment.

📌 Personal consumption )PCE real(: +1.6% compared to the previous quarter )annualized(, up from +1.4%. Both goods and services have been adjusted upward. Real final sales to private domestic purchasers increased to +1.9% from +1.2%. This is a new indicator of growth quality.

📌 Corporate profit )preliminary(: Turned around to increase +2.0% QoQ, after decreasing −3.3% in the previous quarter. The average profit margin remained virtually unchanged, demonstrating that the business still maintains its resilience.

Both the market and the Fed will see this as a signal that the US still has room for a soft landing. However, the decisive factor for interest rates does not lie in GDP, but in the labor data for August.