FF Notes : While this is q/q data, it’s reported in an annualized format (quarterly change x4). There are 3 versions of GDP released a month apart – Advance, Preliminary, and Final. The Advance release is the earliest and thus tends to have the most impact.
Why Traders Care : It’s the broadest measure of economic activity and the primary gauge of the economy’s health.
Also Called : GDP First Release, Estimated GDP.