Gross Domestic Product Annualized

The US Bureau of Economic Analysis (BEA) releases the Gross Domestic Product (GDP) growth on an annualized basis for each quarter. After publishing the first estimate, the BEA revises the data two more times, with the third release representing the final reading. Usually, the first estimate is the main market mover and a positive surprise is seen as a USD-positive development while a disappointing print is likely to weigh on the greenback. Market participants usually dismiss the second and third releases as they are generally not significant enough to meaningfully alter the growth picture.

Most recent - Thursday 28 March 2024 12:30

Previous
3.2%
Revised
-
Forecast
3.2%
Actual
3.4%

Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Next event - Thursday 25 April 2024 12:30

Previous
3.4%
Forecast
-
Actual
-

The typical/expected impact on USD pairs is high.

There is no forecast value for Gross Domestic Product Annualized yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Gross Domestic Product Annualized was 3.4% against a forecast of 3.2%.

Past events

Date
Forecast
Actual
Thursday 28 March 2024 12:30
3.2%
3.4%
Wednesday 28 February 2024 13:30
3.3%
3.2%
Thursday 25 January 2024 13:30
2%
3.3%
Thursday 21 December 2023 13:30
5.2%
4.9%
Wednesday 29 November 2023 13:30
5%
5.2%
Thursday 26 October 2023 12:30
4.2%
4.9%
Thursday 28 September 2023 12:30
2.1%
2.1%
Wednesday 30 August 2023 12:30
2.4%
2.1%
Thursday 27 July 2023 12:30
1.8%
2.4%
Thursday 29 June 2023 12:30
1.3%
2%
Thursday 25 May 2023 12:30
1.1%
1.3%
Thursday 27 April 2023 12:30
2%
1.1%
Thursday 30 March 2023 12:30
2.7%
2.6%
Thursday 23 February 2023 13:30
2.9%
2.7%
Thursday 26 January 2023 13:30
2.6%
2.9%
Thursday 22 December 2022 13:30
2.9%
3.2%
Wednesday 30 November 2022 13:30
2.6%
2.9%
Thursday 27 October 2022 12:30
2.4%
2.6%
Thursday 29 September 2022 12:30
-0.6%
-0.6%
Thursday 25 August 2022 12:30
-0.8%
-0.6%
Thursday 28 July 2022 12:30
0.5%
-0.9%
Wednesday 29 June 2022 12:30
-1.5%
-1.6%
Thursday 26 May 2022 12:30
-1.3%
-1.5%
Thursday 28 April 2022 12:30
1.1%
-1.4%
Wednesday 30 March 2022 12:30
7%
6.9%
Thursday 24 February 2022 13:30
7%
7%
Thursday 27 January 2022 13:30
5.5%
6.9%
Wednesday 22 December 2021 13:30
2.1%
2.3%
Wednesday 24 November 2021 13:30
2.2%
2.1%
Thursday 28 October 2021 12:30
2.7%
2%
Thursday 30 September 2021 12:30
6.6%
6.7%
Thursday 26 August 2021 12:30
6.7%
6.6%
Thursday 29 July 2021 12:30
8.5%
6.5%
Thursday 24 June 2021 12:30
6.4%
6.4%
Thursday 27 May 2021 12:30
6.5%
6.4%
Thursday 29 April 2021 12:30
6.1%
6.4%

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product Annualized result:

PreviousLatest
Existing Home Sales Change (MoM)Bearish change9.5%-4.3%
Initial Jobless Claims(no change)212K212K
Philadelphia Fed Manufacturing SurveyBullish change3.215.5
Industrial Production (MoM)(no change)0.4%0.4%
Building Permits (MoM)Bearish change1.523M1.458M
Housing Starts (MoM)Bearish change1.549M1.321M
NY Empire State Manufacturing IndexBullish change-20.9-14.3
Retail Sales (MoM)Bearish change0.9%0.7%
Retail Sales Control GroupBullish change0.3%1.1%
Retail Sales ex Autos (MoM)Bullish change0.6%1.1%
Michigan Consumer Sentiment IndexBearish change79.477.9
UoM 5-year Consumer Inflation ExpectationBullish change2.8%3%
Initial Jobless ClaimsBullish change222K211K
Producer Price Index (MoM)Bearish change0.6%0.2%
Producer Price Index (YoY)Bullish change1.6%2.1%
Producer Price Index ex Food & Energy (MoM)Bearish change0.3%0.2%
Producer Price Index ex Food & Energy (YoY)Bullish change2.1%2.4%
Monthly Budget StatementBullish change$-296B$-236B
Consumer Price Index (MoM)(no change)0.4%0.4%
Consumer Price Index (YoY)Bullish change3.2%3.5%
Consumer Price Index ex Food & Energy (MoM)(no change)0.4%0.4%
Consumer Price Index ex Food & Energy (YoY)(no change)3.8%3.8%

About Gross Domestic Product Annualized

Country:United States
Currency:USD
Source:US Bureau of Economic Analysis
Category:Economic Activity
Frequency:Quarterly

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