USD Advance GDP July 29, 2011 ; 7:30 PM(GMT +7)

USD Advance GDP July 29, 2011 ; 7:30 PM(GMT +7)
Posted on July 29, 2011 by eFXTraders
Posted in Trade On News Tagged ,

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.

Source : Bureau of Economic Analysis (latest release).

 

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