Gross Domestic Product

Gross Domestic Product (GDP) is a broad measure of economic activity. GDP is reported the third or fourth week of the month at 8:30 am for the prior quarter. Revisions are released in the second and third months of the quarter. Components include consumption, investment, net exports, government purchases, and inventories. Consumption makes up about 70% of the GDP. GDP deflator measure the change in prices in total GDP for each component. The GDP deflator is used as an inflation indicator. Raw data for GDP and GDP deflator can be be found here.