Gross Domestic Product (GDP) First Estimate for Q3, 2017

The U.S. Real Gross Domestic Product (GDP) "advance" (first estimate) report for the third quarter of 2017 was released this morning by the Commerce Department's Bureau of Economic Analysis (BEA):

Predicted: +2.5%
Actual: +3.0%

The yellow-highlighted figure represents the quarter-to-quarter change in real gross domestic product for the entire 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 subject to future revision.

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Gross Domestic Product (GDP) - Q3 2017 - First Estimate

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• On November 29, 2017, the Commerce Department will release a "preliminary" GDP report for Q3 2017, which will contain a second estimate (more accurate data.)
  
  
• On December 21, 2017, a "final" GDP report will be released by the BEA, which will contain the government's best estimates for Q3 2017.

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• Click here to view the full Commerce Department report.

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