Gross Domestic Product (GDP) Final Estimate Released Today for Q2, 2016
The final estimate for second quarter, 2016 U.S. Gross Domestic Product (GDP) was released this morning by the Commerce Department's Bureau of Economic Analysis (BEA):
Predicted: +1.3%
Actual: +1.4%
The above percentages represent 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.
Today's final GDP estimate contains the most authoritative data for Q2, 2016.
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.
Predicted: +1.3%
Actual: +1.4%
The above percentages represent 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.
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| GDP, Final Estimate, Q2 2016 |
Today's final GDP estimate contains the most authoritative data for Q2, 2016.
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.
Labels: GDP, gross_domestic_product
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posted by Steve Brown | 9/29/2016 03:49:00 PM
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