Final GDP Q/Q

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december, 2019

20dec1:30 pm1:30 pmFinal GDP Q/QIMPACT: ALL MAJOR PAIRS & USD RELATED INSTRUMENTS1:30 pm - 1:30 pm UTC Event Type :Medium ImpactTill the Data is Released!

Event Details

What is this event?

While this is q/q data, it’s reported in an annualized format (quarterly change x4). The ‘Previous’ listed is the ‘Actual’ from the Preliminary release and therefore the ‘History’ data will appear unconnected. 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.

Measures

Annualized change in the inflation-adjusted value of all goods and services produced by the economy.

Effect on Currency

‘Actual’ greater than ‘Forecast’ is good for currency.

Frequency of event

Released quarterly, about 85 days after the quarter ends.

Source of Data

Bureau of Economic Analysis (latest release)

Time

(Friday) 1:30 pm - 1:30 pm

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