Expected GDP revision for 2nd quarter

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2015 Economic Calendar

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GDP  Released On 8/27/2015 8:30:00 AM For Q2p:2015 Prior Consensus Consensus Range Real GDP - Q/Q change - SAAR 2.3 % 3.2 % 2.7 % to 3.6 % GDP price index - Q/Q change - SAAR 2.0 % 2.0 % 1.9 % to 2.1 % Recent History Of This Indicator Real GDP is expected to be revised higher to plus 3.2 percent in the second estimate from an initial estimate of 2.3 percent. The revision is expected to reflect upward revisions to retail sales and a large build in June business inventories. Definition Gross Domestic Product (GDP) is the broadest measure of aggregate economic activity and encompasses every sector of the economy.  Why Investors Care   Real GDP growth is always quoted at a quarterly annual rate. It measures how much the economy has grown over a three-month period. Quarterly growth rates are often volatile; consequently, economists also like to look at the year-over-year growth in GDP. The yearly changes tend to be more stable. Data Source: Haver Analytics   It is common to compare quarterly changes at annual rates in the GDP deflator. These can be volatile, just like the quarterly swings in real GDP growth; as a result, the trend in inflation is better determined by year- over- year changes. Data Source: Haver Analytics     2015 Release Schedule Released On: 1/30 2/27 3/27 4/29 5/29 6/24 7/30 8/27 9/25 10/29 11/24 12/22 Release For: Q4a:2014 Q4p:2014 Q4f:2014 Q1a:2015 Q1p:2015 Q1f:2015 Q2a:2015 Q2p:2015 Q2f:2015 Q3a:2015 Q3p:2015 Q3f:2015   A: Advance P: Preliminary F: Final