.comment-link {margin-left:.6em;}


Economic Data (USA)

Tuesday, November 24, 2015

Gross Domestic Product (GDP) "Preliminary" Released Today for Q3 2015

U.S. Gross Domestic Product (GDP) "preliminary" numbers for the third quarter of 2015 were released this morning by the Commerce Department's Bureau of Economic Analysis (BEA):

Predicted: +2.1%
Actual: +2.1%

The above percentages represent the quarter-to-quarter change in the Gross Domestic Product for the United States. The "predicted" figure is what economists and Wall Street forecasters were expecting, while the "actual" is the actual or real figure. The GDP report is produced by the U.S. Commerce Department's Bureau of Economic Analysis.

The final GDP report for Q3 2015, which will contain the most authoritative data for the fourth quarter, will be released on December 22, 2015.

The GDP is a very broad measure of economic activity for the entire United States, covering all sectors of the economy. The Commerce Department defines real GDP as, "the output of goods and services produced by labor and property located in the United States."

Click here to view the full Commerce Department report (PDF).

Labels: ,



Post a Comment

<< Home



Entire Website © 2021 FedPrimeRate.comSM

This website is neither affiliated nor associated with The United States Federal Reserve in any way.
Information in this website is provided for educational purposes only. The owners of this website
make no warranties with respect to any and all content contained within this website. Consult a
financial professional before making important decisions related to any investment or loan
product, including, but not limited to, business loans, personal loans, education loans, first
or second mortgages, credit cards, car loans or any type of insurance.