CloudC4 News

Eurostat's July 30 first estimate showed the euro area up 0.4 percent. The US second estimate is August 26. This calendar row is not the BEA.

Loading exclusive…

Key Points

  • This calendar row is Eurostat's second estimate of euro-area Q2 GDP, not the US BEA print (August 26)
  • July 30 flash: euro area +0.4 percent, EU +0.5 percent
  • Street clustered on 0.4 percent for the second look
  • A held headline is not news; a revision or a changed mix is

What To Watch

  • Whether the second estimate stays at 0.4 percent
  • Household spending versus government spending in the mix
  • August 26 US second estimate — a different print
  • July industrial production as a check on the factory story