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GDP (gross domestic product)

Also called gross domestic product.

The broadest measure of the U.S. economy's output, published by the Bureau of Economic Analysis.

BEA publishes GDP every quarter. The first, or advance, estimate comes 25 to 30 days after the quarter ends and is based on incomplete data that get revised. Source 1

Quarterly figures are seasonally adjusted and expressed at annual rates. Source 2

Related terms

Sources

  1. Bureau of Economic Analysis: Glossary: Advance estimate (opens in a new tab)
  2. Bureau of Economic Analysis: Gross domestic product (opens in a new tab)

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