Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. The Quarter-over-Quarter (QoQ) figure provides a snapshot of the economy's growth momentum. It is the primary indicator used to determine whether an economy is in expansion or recession.
Calculated by the Bureau of Economic Analysis (BEA) using the expenditure approach: GDP = Consumption + Investment + Government Spending + (Exports - Imports).
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Nov 25, 2024 | 10.00 | — | — |
