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GDP Price Deflator

Gross Domestic Product (Third Estimate), Corporate Profits (Revised), and GDP by Industry, Third Quarter 2020

Q3 2020 (3rd)
33.4%
Q2 2020 (3rd)
-31.4%

Real gross domestic product (GDP) increased at an annual rate of 33.4 percent in the third quarter of 2020, as efforts continued to reopen businesses and resume activities that were postponed or restricted due to COVID-19. The change was 0.3 percentage point higher than the “second” estimate released in November. In the second quarter of 2020, real GDP decreased 31.4 percent.

Current Release
Quick Guide: GDP Releases
  • Current release: December 22, 2020
  • Next release: January 28, 2021
 

Gross Domestic Product, Third Quarter 2020 (Second Estimate); Corporate Profits, Third Quarter 2020 (Preliminary Estimate)

Q3 2020 (2nd)
+33.1%
Q2 2020 (3rd)
-31.4%

Real gross domestic product (GDP) increased at an annual rate of 33.1 percent in the third quarter of 2020, as efforts continued to reopen businesses and resume activities that were postponed or restricted due to COVID-19. The increase is the same as in the “advance” estimate released in October. In the second quarter of 2020, real GDP decreased 31.4 percent.

Current Release
Quick Guide: GDP Releases
  • Current release: November 25, 2020
  • Next release: December 22, 2020
 

Gross Domestic Product, Third Quarter 2020 (Advance Estimate)

Q3 2020 (Adv)
+33.1%
Q2 2020 (3rd)
-31.4%

Real gross domestic product (GDP) increased at an annual rate of 33.1 percent in the third quarter of 2020, as efforts continued to reopen businesses and resume activities that were postponed or restricted due to COVID-19. In the second quarter of 2020, real GDP decreased 31.4 percent.

Current Release
Quick Guide: GDP Releases
  • Current release: October 29, 2020
  • Next release: November 25, 2020
 

Gross Domestic Product (Third Estimate), Corporate Profits (Revised), and GDP by Industry, Second Quarter 2020

2nd quarter 2020 (3rd)
-31.4%
1st quarter 2020
-5.0%

Real gross domestic product (GDP) decreased at an annual rate of 31.4 percent in the second quarter of 2020, according to the “third” estimate released by the Bureau of Economic Analysis. The change was 0.3 percentage point higher than the “second” estimate released in August. In the first quarter of 2020, real GDP decreased 5.0 percent.

Current Release
Quick Guide: GDP Releases
  • Current release: September 30, 2020
  • Next release: October 29, 2020
 

Gross Domestic Product, 2nd Quarter 2020 (Second Estimate); Corporate Profits, 2nd Quarter 2020 (Preliminary Estimate)

Q2 2020 (2nd)
-31.7%
Q1 2020 (3rd)
-5.0%

Real gross domestic product (GDP) decreased at an annual rate of 31.7 percent in the second quarter of 2020, according to the “second” estimate released by the Bureau of Economic Analysis. The change was 1.2 percentage points higher than the “advance” estimate released in July. In the first quarter of 2020, real GDP decreased 5.0 percent.

Current Release
Quick Guide: GDP Releases
Attention

The news release for the third estimate of GDP on September 30 will include GDP by industry statistics for the first time. BEA is speeding up the release of industry and state GDP quarterly data to coordinate more closely with national GDP. The format of the existing GDP News Release Tables (Tables 1-11 and Appendix Tables A-B) will be unchanged. GDP by industry and gross output tables (Tables 12-18) will be added to the Sept. 30 news release and subsequent third estimate GDP releases. Table formats are now available.

Table formats

  • Current release: August 27, 2020
  • Next release: September 30, 2020
 

Gross Domestic Product, 2nd Quarter 2020 (Advance Estimate) and Annual Update

Q2 2020 (Adv)
-32.9%
Q1 2020 (3rd)
-5.0%

Real gross domestic product (GDP) decreased at an annual rate of 32.9 percent in the second quarter of 2020, according to the “advance” estimate released by the Bureau of Economic Analysis. In the first quarter of 2020, real GDP decreased 5.0 percent.

Current Release
Quick Guide: GDP Releases
  • Current release: July 30, 2020
  • Next release: August 27, 2020
 

Gross Domestic Product, 1st Quarter 2020 (Third Estimate); Corporate Profits, 1st Quarter 2020 (Revised Estimate)

Q1 2020 (3rd)
-5.0%
Q4 2019
2.1%

Real gross domestic product (GDP) decreased 5.0 percent in the first quarter of 2020, according to the “third” estimate released by the Bureau of Economic Analysis. The decline is the same as in the “second” estimate released in May. In the fourth quarter of 2019, real GDP increased 2.1 percent.

Current Release
Quick Guide: GDP Releases
  • Current release: June 25, 2020
  • Next release: July 30, 2020
 

Gross Domestic Product, 1st Quarter 2020 (Second Estimate); Corporate Profits, 1st Quarter 2020 (Preliminary Estimate)

1st quarter 2020
-5.0 percent
4th quarter 2019
2.1 percent

Real gross domestic product (GDP) decreased 5.0 percent in the first quarter of 2020, according to the “second” estimate released by the Bureau of Economic Analysis. The change was 0.2 percentage point lower than the “advance” estimate released in April. In the fourth quarter of 2019, real GDP increased 2.1 percent.

Current Release
  • Current release: May 28, 2020
  • Next release: June 25, 2020
 
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