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Economy

Economic Data (USA)

Thursday, October 29, 2015

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

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

Predicted: +1.7%
Actual: +1.5%

The highlighted figure represents 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 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" estimates are based on data that are incomplete or subject to future revision.

  • On November 24, 2015, the Commerce Department will release a "preliminary" GDP report for Q3 2015, which will contain more accurate data.
  • On December 22, 2015, a "final" GDP report will be released by the BEA, which will contain the most accurate and authoritative data for Q3 2015.

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

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Friday, December 20, 2013

Gross Domestic Product (GDP) "Third Estimate" Released Today for Q3, 2013

The third estimate of real U.S. Gross Domestic Product (GDP) report for the third quarter of 2013 was released this morning:

Predicted: +3.6%
Actual: +4.1%

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

Today's GDP "third estimate" report contains the most authoritative data for the third quarter of 2013.

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).

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Thursday, November 29, 2012

Gross Domestic Product (GDP) Second Estimate Released Today for Q3 2012

The second estimate of real, U.S. Gross Domestic Product (GDP) for the third quarter of 2012 was released this morning:

Predicted: +2.8%
Actual: +2.7%

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 2012, which will contain the most authoritative data for the third quarter, will be released on December 20, 2012.

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).

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Tuesday, November 25, 2008

Gross Domestic Product (GDP) "Preliminary" Released Today for Q3 2008

The preliminary, real U.S. Gross Domestic Product (GDP) report for the third quarter of 2008 was released this morning:

Predicted: -0.5%
Actual: -0.5%

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, 2008, which will contain the most authoritative data for the third quarter, will be released on December 23, 2008.

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).

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Thursday, October 30, 2008

Gross Domestic Product (GDP) "Advance" Released Today for Q3, 2008

U.S. Gross Domestic Product (GDP) numbers for the third quarter of 2008 were released this morning by the Commerce Department's Bureau of Economic Analysis:

Predicted: -0.5%
Actual: -0.3%

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 true or real figure.

The GDP is a very broad measure of economic activity for the entire United States, covering all sectors of the economy.

The "advance" estimates are based on data that are incomplete or subject to future revision. Next month, the Commerce Department will release a "preliminary" report for the above-referenced quarter, which will contain more accurate data. A "final" GDP report will be released later this year, which will contain the most accurate and authoritative data on the above-referenced quarter.

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

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Thursday, February 28, 2008

Gross Domestic Product (GDP) "Preliminary" Released Today for Q4 2007

The preliminary, real U.S. Gross Domestic Product (GDP) report for the fourth quarter of 2007 was released this morning:

Predicted: +0.7%
Actual: +0.6%

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 Q4, 2007, which will contain the most authoritative data for the third quarter, will be released on March 27, 2008.

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).

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Thursday, November 29, 2007

Gross Domestic Product (GDP) "Preliminary" Released Today for Q3, 2007

The preliminary, real U.S. Gross Domestic Product (GDP) report for the third quarter of 2007 was released this morning:

Predicted: +4.8%
Actual: +4.9%

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, 2007, which will contain the most authoritative data for the third quarter, will be released on December 20, 2007.

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).

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Wednesday, October 31, 2007

Gross Domestic Product (GDP) "Advance" Released Today for Q3, 2007

U.S. Gross Domestic Product (GDP) numbers for the third quarter of 2007 were released this morning by the Commerce Department's Bureau of Economic Analysis:

Predicted: +3.2%
Actual: +3.9%

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 true or real figure.

The GDP is a very broad measure of economic activity for the entire United States, covering all sectors of the economy.

The "advance" estimates are based on data that are incomplete or subject to future revision. Next month, the Commerce Department will release a "preliminary" report for the above-referenced quarter, which will contain more accurate data. A "final" GDP report will be released later this year, which will contain the most accurate and authoritative data on the above-referenced quarter.

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

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