US Economy: 2Q Spending Slumps, GDP Unrevised at 2.1%

The video discusses recent economic data, focusing on GDP, personal consumption, and jobless claims. GDP remains unchanged, while personal consumption is revised down. The jobless claims show a slight increase, with no significant impact from auto worker strikes. The labor market remains tight despite these changes.

What was the change in the GDP percentage mentioned in the text?

How did personal consumption change according to the text?

What was the initial jobless claims number reported?

What does the text suggest about auto workers and unemployment claims?

What is the status of the labor market as described in the text?