How do you trade through data revisions?
A release lands in line, then the revisions rewrite the story — last month's payrolls cut, the prior quarter's growth adjusted. The market's second reaction often outweighs the first.
What's your method?
- whether you wait for revisions before acting
- how you handle a position based on a now-revised number
- the revision that reversed your trade
The economic calendar guide explains why the previous column exists at all.
Background: Why economic data get revised after the first release
The first figure in a release is often revised. US GDP is revised in later estimates, and payroll numbers can change in later months. Here is what that means when you read a headline.
Why does GDP get revised?
Later estimates use more complete source data, so the figure can change between the advance, second and third estimates.
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