Gross Domestic Product (GDP). Forex with Alpari

Country:	USA
Definition:	Market value of goods and services, produced within some definite period of time, including profit of foreign companies and non-residents, working in the USA, and excluding incomes of American citizens and companies, earned abroad
Description:	This index shows domestic market price value change of goods and prices for some definite period of time (quarter, year). Gross Domestic Product is the main indicator of the economic situation, which reflects economic rates of growth. It includes consumption, investments, exports minus imports, government purchases and inventories. Usually, consumption makes about 2/3 of GDP. GDP deflator, also indicated in the report, shows nominal prices changes. Chain Price Index (Chain Deflator) is the correspondent indicator
Influence:	GDP growth is accompanied by economic recovery, whereas its leading growth, comparing with GDP growth of other countries, signals advantage of investment in the economy of this very country. GDP growth triggers national currency advance
Market Importance:
Released:	Released quarterly, at the last working day (January, April, July, October). A month later revised data are released, two months later real GDP for a quarter is reported. It is released at 8:30 AM ET
Source:	The Census Bureau of the Department of Commerce

Gross Domestic Product (GDP)