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Flash: Q2 GDP Revised Slightly Higher

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By Jon C. Ogg Published

U.S. gross domestic product has been revised slightly higher to 1.7% in its first revision for the second quarter of 2012. The first Q2 GDP was originally reported as being up 1.5% and both Bloomberg and Dow Jones had been expecting the same 1.7% growth that we saw this morning.

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About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

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