Table 1.—Reliability of Current Quarterly Estimates of Real GDP, 1983-97

[Percent]

Vintage of estimate Percentage of estimates that provided the correct indication/1/
Of the direction of change Of the
acceleration/
deceleration
from the
preceding
quarter
Of the growth of trend rate/2/
Advance987878
Preliminary987373
Final987873
Number of quarters compared606037

1. For each quarter, the current quarterly estimate is compared with the latest available estimate to determine whether the current quarterly estimate provided a "correct indication."

2. Consists of the quarters in which the latest estimates increased at least 1.5 percent but no more than 4.5 percent.