THE BASIS POINT

2ndQ2015 GDP Shows Respectable Gain.

 

GDP (2ndQ2015)

– Real GDP quarter/quarter seasonally adjusted, annualized  +3.9%. Previous release was +3.7%
– GDP price index GDP quarter/quarter seasonally adjusted, annualized  +2.1%. Previous was +2.1%.

 
Corporate Profits (2ndQ2015)

– After-tax Profits year/year +8.5%. Previous was +7.5%

 

PMI Services Flash (September 2015)

– Level  55.6. Previous was 55.2.

 

Consumer Sentiment (September 2015)

– Sentiment Index  87.2. Previous was 85.7.

This is the University of Michigan sentiment survey.

 

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