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


Economic Data (USA)

Friday, January 29, 2016

Gross Domestic Product (GDP) "Advance" Released Today for Q4, 2015

The U.S. Gross Domestic Product (GDP) "advance" report for the fourth quarter of 2015 was released this morning by the Commerce Department's Bureau of Economic Analysis (BEA):

Predicted: +0.9%
Actual: +0.7%

"...During 2015 (that is, measured from the fourth quarter of 2014 to the fourth quarter of 2015), real GDP increased 1.8 percent, compared with an increase of 2.5 percent during 2014..."

The highlighted figure represents the quarter-to-quarter change in the Gross Domestic Product for the United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

The GDP is the broadest measure of economic activity in the entire United States, covering all sectors of the economy.

The "advance" estimate is based on data that are incomplete or subject to future revision.

  • On February 26, 2016, the Commerce Department will release a "preliminary" GDP report for Q4 2015, which will contain more accurate data.

  • On March 25, 2016, a "final" GDP report will be released by the BEA, which will contain the most accurate and authoritative data for Q4 2015.

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

Labels: , ,



Post a Comment

<< Home



Entire Website © 2022 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.