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The Complete Idiot's Guide to MBA Basics, 3rd Edition by Tom Gorman

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Do-It-Yourself Economic Watch

The Bureau of Economic Analysis (BEA) releases key economic data, including GDP growth, two or three months after a quarter. GDP growth (or the lack of it) is the key indicator of the health of the economy.
 
The BEA releases an advance estimate of GDP growth for a quarter about a month after the quarter ends, a second estimate about two months after it ends, and a third estimate three months after it ends. These estimates are subject to revision, which can be significant. The delays and estimated nature of the data reflect the difficulty of measuring the U.S. economy.
 
This section provides brief explanations of key indicators and cites the primary source for the data. Most of this data is widely reported soon ...

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