Tuesday, December 22, 2015

Gross Domestic Product (GDP) is the Broadest Measure of Business Activity, It Includes every Sector in the U.S. Economy

Released on 12/22/2015 @ 8:30am ET for Q3, 2015
PriorConsensusConsensus Range
Real GDP - Q/Q change 2.1%2.0%1.7% - 2.2%
GDP Price Index - Q/Q change 1.3%1.3%1.3% - 1.3%
Recent History of the GDP Indicator
Econoday consensus is calling for a 0.1% drop in the 3rd estimate for Q3, illustrated above. Apart from Inventories, where changes are often difficult to interpret, Demand indications in the 2nd estimate were positive with final Sales up 2.7%.

  • Real GDP rates are quoted Quarterly or Annually and measure how much the economy has Grown or Contracted over a period in time. Quarterly GDP rates are often volatile so many economists place greater emphasis on Year over Year changes since this data set paints a more stable picture.
Data Source: Haver Analytics

Thank You,

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