Second quarter growth was the best in nearly four years, at 4.1 percent, but market reaction was muted as the number missed some of the loftier 5 percent plus forecasts.
Market pros are also sifting through the government’s revisions to the data, which resulted in changes in the last two first quarters and other adjustments.
The second quarter growth was exactly in line with the consensus estimate of Thomson Reuters, but below some of the tracking estimates that were as high as 5.3 percent.
