“GROSS DOMESTIC PRODUCT”
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-BUREAU OF [ECONOMIC ANALYSIS]-
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-QUARTERLY GDP-
(LINK)
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-THE “QUARTERS” FOLLOW THE STANDARD “GREGORIAN CALENDAR”-
([JANUARY] – [DECEMBER])
-UNLIKE THE “CONGRESSIONAL FISCAL YEAR”-
(WHICH BEGINS [OCTOBER 1ST]-
-THIS GIVES TIME FOR [CONGRESS] TO PREPARE THE ANNUAL [BUDGET]-
-WHICH IS SUBMITTED ON 1ST [MONDAY] OF [FEBRUARY]-
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*CURRENT “QUARTER”* —>
-QUARTER 2-
-2026-
-[1 APRIL 2026] – [30 JUNE 2026]-
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*LAST MEASURED “QUARTER”* —>
-QUARTER 4-
-2025-
-[1 OCTOBER 2026] – [31 DECEMBER 2026]-
-[+0.7% GROWTH]-
(IF COMPOUNDED ANNUALLY)
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*NOMINAL GDP* —>
-[$31.442 TRILLION]-
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*REAL GDP* —>
(BASED ON [2017 DOLLAR])
-$24.066 TRILLION-
-[[JANUARY 2017] $1] = [[DECEMBER 2025] $1.33]-
(33% INFLATION RATE)
(OVER 9 YEARS)
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-3 “ESTIMATES” ARE GIVEN FOR EACH [QUARTER]-
-1 MONTH AFTER [QUARTER END]-
-2 MONTHS AFTER [QUARTER END]-
-3 MONTHS AFTER [QUARTER END]-
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-a ‘monetary measure’ of the ‘market value’ of all “final goods and services” produced in a ‘period’-
(‘quarterly’ or ‘yearly’)
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(‘nominal GDP’ estimates are commonly used to determine the economic performance of a whole country or region, and to make international comparisons)
(‘Nominal GDP per capita’ does not, however, reflect differences in the ‘cost of living’ and the ‘inflation rates’ of the countries; therefore using a basis of GDP at ‘purchasing power parity’ (PPP) is arguably more useful when comparing differences in ‘living standards’ between ‘nations’)
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*👨🔬🕵️♀️🙇♀️*SKETCHES*🙇♂️👩🔬🕵️♂️*
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💕💝💖💓🖤💙🖤💙🖤💙🖤❤️💚💛🧡❣️💞💔💘❣️🧡💛💚❤️🖤💜🖤💙🖤💙🖤💗💖💝💘
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*🌈✨ *TABLE OF CONTENTS* ✨🌷*
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🔥🔥🔥🔥🔥🔥*we won the war* 🔥🔥🔥🔥🔥🔥