Measures the percentage change in the inflation-adjusted value of all goods and services produced by the economy compared to the same quarter of the previous year. It provides a broader view of economic trends by smoothing out seasonal fluctuations. It is a key metric for long-term economic assessment.
Calculated by comparing the real GDP of the current quarter to the real GDP of the same quarter in the previous year. This year-over-year comparison helps identify structural growth trends.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| May 30, 2013 | 1.80 | 1.80 | 0.00 |
| Apr 26, 2013 | 1.80 | — | — |