Economic data from the United States for the week ahead is relatively quiet.

The only exception being the second revised GDP estimates.

The second estimates cover the second quarter GDP for the periods of April through June.

The preliminary GDP estimates showed that the U.S. economy advanced 4.1% on the quarter.

This was one of the strongest pace of GDP growth in recent years.

The second revised estimates are forecast to show that the economy advanced at a slightly slower pace of 4.0% during the period.

Despite the downward revised forecast, the U.S. economy is still expected to post a strong pace of gains.

The revised GDP estimates come as the U.S. Federal Reserve prepares for a third rate hike this year at the September FOMC meeting.

Besides the GDP report, other economic data over the week includes the core PCE price index data.

As the core PCE price index is the Fed’s preferred gauge of inflation, investors will be closely watching the developments.

Besides the PCE data, personal income and spending reports will also be coming out.

The report is likely to shed light on the pace of consumer income and wages which could reflect on the economy for the third quarter.