_I Want my GDP


On Friday, January 27, 2017, the Bureau of Economic Analysis (BEA) will release the first (“advance”) estimate of U.S. gross domestic product (GDP) for the fourth quarter of 2016.

While this is our first official look at GDP for the quarter, data that feed through to GDP started coming out several months ago, starting with data for October 2016, the first month of the quarter. As a result, compared with more frequent economic data points, GDP is quite backwards looking. By the time the BEA actually reports GDP, some of the data will be based on economic activity that had taken place almost four months prior.

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