Preliminary estimate
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- The second estimate of gross domestic product (GDP) and its components for a quarter. It is released 55-60 days after the end of the quarter, and it is based on source data that are more complete than the advance estimate, though they are still subject to revision. Related terms: Advance estimate, Final estimate.
Bureau of Economic Analysis - Cite This Source - This Definition - Advance estimate, Advance estimates, Directly estimated method, Directly priced method, Final estimate, Final estimates, Monthly Treasury Statement, Preliminary estimates