Above are the components of Q2 GDP growth
Real GDP 4.1 percent in the second quarter and the first quarter was adjusted to 2.2%. If growth continues at 3.0 percent the next two quarters, then real GDP growth will indeed make it to 3.1% for all of 2018.
Barclays had expected 5 percent growth but the drag in inventories and the revision to first-quarter growth subtracted from the second quarter number.
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