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Advance Estimate |
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Advance Estimate In calculating quarterly GDP, the first estimate published approximately one month after the end of a quarter. It includes all information then available, but because relevant information may not be available immediately or may be subject to revision, it is subject to scrutiny and is usually revised in the preliminary estimate and later in the final estimate. As a result, the advance estimate is considered important as a guideline to performance in a quarter, but it is not necessarily the most accurate measure. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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