Gdp Ep 347 Upd [best] Jun 2026

Government statisticians received updated Medicaid and private health insurance claims data. This showed slower growth in healthcare outlays than initially modeled, trimming overall personal consumption expenditures (PCE).

"GDP EP 347 UPD" likely refers to the 347th episode of a financial or economic podcast (such as Macro Hive Global Data Pod

The -0.3 pp revision in EP 347 is the largest downward adjustment since EP 338 (Q4 2024). This suggests that the initial “advance” estimate was overly optimistic, and the economy is cooling faster than real-time indicators suggested.