Subject to revision

@article{Chiodo2002SubjectTR,
  title={Subject to revision},
  author={Abbigail J. Chiodo and Michael T. Owyang},
  journal={National Economic Trends},
  year={2002},
  volume={2002}
}
T he overall state of the economy is often judged by economic statistics such as inflation, unemployment, and, of course, gross domestic product (GDP). Many of these economic statistics undergo substantial revisions. This is especially true for GDP, which is revised twice in the first three months after its initial release. In the month after each quarter, the Bureau of Economic Analysis releases an advance estimate of GDP. In the two subsequent months, the BEA updates this estimate with… Expand
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