How Does GDP Affect Stocks & ETFs?

GDP measures the total value of all goods and services produced in the United States. The advance estimate comes about a month after the quarter ends, followed by two revisions. It captures consumer spending, business investment, government spending, and net exports.

GDP is the broadest measure of economic health. Sustained growth supports corporate earnings across the board. Contraction raises recession fears. Two consecutive quarters of negative GDP is the common (though unofficial) definition of recession.