Source: Sarah Pichardo Blog

Sarah Pichardo Blog Three Letter Acronyms and Market Data: What Are They and Why Do We Care? Gross Domestic Product (GDP)

Three Letter Acronyms and Market Data: What Are They and Why Do We Care? Gross Domestic Product (GDP) By now we've all heard or read about the rather disappointing advance estimate for the United States first quarter Real Gross Domestic Product (GDP). Now I think we call all agree we know what the GDP is, but for the rest of us who don't work in the financial sector, I think a refresher may be welcomed J The GDP (Gross Domestic Product) is an aggregate measure or the total econom [...]

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