Gross Domestic Product (GDP) "Advance" Released Today for Q2, 2016
The U.S. Gross Domestic Product (GDP) "advance" report for the second quarter of 2016 was released this morning by the Commerce Department's Bureau of Economic Analysis (BEA):
Predicted: +2.6%
Actual: +1.2%
The highlighted figure represents the quarter-to-quarter change in the Gross Domestic Product for the United States.
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.
Click here to view the full Commerce Department report.
Predicted: +2.6%
Actual: +1.2%
The highlighted figure represents the quarter-to-quarter change in the Gross Domestic Product for the United States.
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 August 26, 2016, the Commerce Department will release a "preliminary" GDP report for Q2 2016, which will contain more accurate data.
- On September 29, 2016, a "final" GDP report will be released by the BEA, which will contain the most accurate and authoritative data for Q2 2016.
Click here to view the full Commerce Department report.
Labels: first_quarter, GDP, gross_domestic_product
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posted by Steve Brown | 7/29/2016 01:54:00 PM
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