GDP
Definition · Level 7 · Futures, rates & macro
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Gross domestic product: the total value of goods and services an economy produces. The BEA reports US real growth quarterly as a seasonally adjusted annualized rate, in advance, second and third estimates.
Example
Advance Q2 print +2.8% annualized vs +2.0% expected.
Rules and market figures change: check the current ones before relying on this.
Where Tradecraft teaches it
Level 7 · Futures, rates & macro, in the lesson “Macro data & market reaction”: The key US releases, what hot and cool prints mean, and why good news can hurt stocks.
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- Hot printA data release stronger or more inflationary than consensus (the median forecast).
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