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.

单词	advance estimate
释义	Advance Estimate 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.
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