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HERE COMES GDP...

Matthew BoeslerSep 26, 2013, 17:33 IST

flickr/corrine klug

Heads up! We are minutes away from the third and final reading of second-quarter GDP growth from the U.S. Bureau of Economic Analysis, due out at 8:30 AM ET.

Economists predict GDP grew at a 2.6% annualized pace in the second quarter, which is higher than the BEA's second reading put out a month ago of 2.5%. In Q1, the economy expanded only 1.1% annualized.

Q2 personal consumption growth is expected to clock in at 1.9%, slightly higher than last month's BEA estimate of 1.8%. Either of those numbers would mark a slowdown from Q1's 2.3% pace of growth.

Core personal consumption expenditure, one of the FOMC's favorite measures of inflation, is expected to remain unchanged from last month's estimate at 0.8% in Q2.

We will have the full release LIVE at 8 AM ET. Click here to refresh for the lastest »