US stock futures inch up after in-line GDP data

NEW YORK, Aug 30 (Reuters) - U.S. stock index futures inched higher on Wednesday after government data showed US second-quarter growth was roughly in-line with economists' estimates.

The government's second estimate of US gross domestic product for the April-June quarter was revised upward to 2.9 percent, near the 3 percent revision analysts were expecting.

The ADP employment survey, seen as a preview of Friday's monthly employment report, showed U.S. private employers added 107,000 jobs in August, up from 99,000 in the previous month..

S&P 500 futures were up 1.5 points, slightly above fair value, a mathematical formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract.

Dow Jones industrial average futures rose 13 points, and Nasdaq 100 futures were up 2.75 points.

REUTERS PKS VC1830