The US has just released its 2nd estimate for Q3 GDP. Let's take a look at what had happened.
GDP growth = Government spending + Investment + Consumption + Net Export
Q3 GDP (1st estimate) = 0.85 + 0.07 + 2.46 + (-0.56) = 2.82 (2.8)
Q3 GDP (2nd estimate) = 0.83 + 0.21 + 2.37 + (-0.57) = 2.84 (2.8)
We can see that there are only minute changes (negligible) in the GDP components.
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