Tuesday, August 29, 2017

Gross Domestic Product Annualized (Q2) - Aug 30th


13:30
   
3
2.7%
2.6%
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The Gross Domestic Product Annualized released by the US Bureau of Economic Analysis shows the monetary value of all the goods, services and structures produced within a country in a given period of time. GDP Annualized is a gross measure of market activity because it indicates the pace at which a country's economy is growing or decreasing. Generally speaking, a high reading or a better than expected number is seen as positive for the USD, while a low reading is negative.