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US Economic Indicators

Gross Domestic Product GDP

Description: Gross Domestic Product (GDP) is the broadest measure of economic activity. GDP measures the dollar value of all goods and services within the borders of the United States, regardless of who owns the assets or the nationality of the labor used in producing the output. Strong GDP growth is between 2.0% and 2.5%. A higher GDP growth will lead to quicker inflation, while lower growth indicates a soft economy.

Quarterly GDP reports are broken down into three announcements: advance, preliminary and final. After the final revision, GDP is not revised again until the annual benchmark revisions each July.

Release Date: 8:30 AM (EST); Figures released monthly, around the 4th week following the reported month.