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Event | Date | Time | For Period |
Currency | Actual | Forecast |
Gross Domestic Product (GDP) y/y refers to the year-on-year percentage change in a country's GDP. GDP is the total value of goods and services produced within a country's borders during a specific period of time, usually a year. GDP is an important economic indicator as it provides a measure of a country's economic output and can be used to gauge the overall health of an economy.
The GDP y/y figure is important as it allows economists and policymakers to monitor changes in economic growth over a longer period of time, typically a year. A positive GDP y/y figure indicates that the economy is growing, while a negative figure indicates that the economy is contracting. A sustained negative GDP y/y figure can signal an economic recession. Investors and businesses also pay close attention to the GDP y/y figure as it can impact financial markets and corporate profits. A higher than expected GDP y/y figure can lead to an increase in stock prices and business investment, while a lower than expected figure can lead to a decrease in investment and a decline in stock prices.
ADP Employment Change NEXT:4-Dec-2024 |
Average Hourly Earnings NEXT:6-Dec-2024 |
Average Weekly Hours NEXT:6-Dec-2024 |
Budget Balance NEXT:13-Nov-2024 |
Building Permits NEXT:19-Nov-2024 |
Business Inventories / Sales Ratio NEXT:15-Nov-2024 |
Business Inventories m/m NEXT:15-Nov-2024 |
Business Inventories y/y NEXT:15-Nov-2024 |
Business Sales m/m NEXT:15-Nov-2024 |
Business Sales y/y NEXT:15-Nov-2024 |
Capacity Utilization Rate m/m NEXT:15-Nov-2024 |
Capital Account Balance NEXT:18-Dec-2024 |
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