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.

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Most recent - Wednesday 29 November 2023 13:30

4.9%

Revised

Forecast

Actual

5.2%

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

Next event - Thursday 21 December 2023 13:30

5.2%

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 5.2% against a forecast of 5%.

Past events

Date

Forecast

Actual

Wednesday 29 November 2023 13:30

5.2%

Thursday 26 October 2023 12:30

4.2%

4.9%

Thursday 28 September 2023 12:30

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%

Thursday 25 May 2023 12:30

1.1%

1.3%

Thursday 27 April 2023 12:30

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%

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

6.9%

Thursday 24 February 2022 13:30

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%

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%

Thursday 27 May 2021 12:30

6.5%

6.4%

Thursday 29 April 2021 12:30

6.1%

6.4%

Thursday 25 March 2021 12:30

4.1%

4.3%

Thursday 25 February 2021 13:30

4.1%

Thursday 28 January 2021 13:30

Tuesday 22 December 2020 13:30

33.1%

33.4%

Economic context

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

		Previous	Latest
Pending Home Sales (MoM)	Bearish change	1%	-1.5%
Chicago Purchasing Managers' Index	Bullish change	44	55.8
Core Personal Consumption Expenditures - Price Index (MoM)	Bearish change	0.3%	0.2%
Core Personal Consumption Expenditures - Price Index (YoY)	Bearish change	3.7%	3.5%
Initial Jobless Claims	Bearish change	211K	218K
Personal Consumption Expenditures - Price Index (MoM)	Bearish change	0.4%	0%
Personal Consumption Expenditures - Price Index (YoY)	Bearish change	3.4%	3%
Personal Income (MoM)	Bearish change	0.4%	0.2%
Personal Spending	Bearish change	0.7%	0.2%
Core Personal Consumption Expenditures (QoQ)	Bearish change	2.4%	2.3%
Gross Domestic Product Price Index	(no change)	3.5%	3.5%
Personal Consumption Expenditures Prices (QoQ)	Bearish change	2.9%	2.8%
Housing Price Index (MoM)	(no change)	0.6%	0.6%
New Home Sales Change (MoM)	Bearish change	8.6%	-5.6%
S&P Global Composite PMI	(no change)	50.7	50.7
S&P Global Manufacturing PMI	Bearish change	50	49.4
S&P Global Services PMI	Bullish change	50.6	50.8
Michigan Consumer Sentiment Index	Bullish change	60.4	61.3
UoM 5-year Consumer Inflation Expectation	(no change)	3.2%	3.2%
Durable Goods Orders	Bearish change	4.6%	-5.4%
Durable Goods Orders ex Defense	Bearish change	5.7%	-6.7%
Durable Goods Orders ex Transportation	Bearish change	0.4%	0%
Initial Jobless Claims	Bullish change	233K	209K
Nondefense Capital Goods Orders ex Aircraft	Bearish change	0.5%	-0.1%
Existing Home Sales Change (MoM)	Bearish change	-2.2%	-4.1%
Building Permits (MoM)	Bullish change	1.471M	1.487M
Housing Starts (MoM)	Bullish change	1.346M	1.372M

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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	Canada		Gross Domestic Product Annualized
	Switzerland		Gross Domestic Product s.a. (QoQ)
	China		Non-Manufacturing PMI
	China		Gross Domestic Product (YoY)
	China		Gross Domestic Product (QoQ)
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	Germany		Gross Domestic Product (QoQ)
	Eurozone		Gross Domestic Product s.a. (YoY)
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	New Zealand		Gross Domestic Product (YoY)
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	United Kingdom		Gross Domestic Product (QoQ)
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	Australia		AiG Performance of Mfg Index
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	Canada		Ivey Purchasing Managers Index
	Canada		Ivey Purchasing Managers Index s.a
	Canada		Gross Domestic Product (QoQ)
	Canada		S&P Global Manufacturing PMI
	Switzerland		KOF Leading Indicator
	Switzerland		Industrial Production (YoY)
	Switzerland		Gross Domestic Product (YoY)
	Switzerland		ZEW Survey – Expectations
	China		Industrial Production (YoY)
	China		Caixin Services PMI
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	Germany		ZEW Survey – Economic Sentiment
	Germany		IFO – Current Assessment
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	Germany		IFO – Expectations
	Germany		S&P Global/BME Composite PMI
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	Spain		S&P Global Manufacturing PMI
	France		Gross Domestic Product (QoQ)
	Italy		Gross Domestic Product (YoY)
	Italy		S&P Global Manufacturing PMI
	Italy		Gross Domestic Product (QoQ)
	Italy		S&P Global Services PMI
	Japan		Tankan Large All Industry Capex
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	Japan		Industrial Production (YoY)
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	New Zealand		Business NZ PMI
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	United Kingdom		Gross Domestic Product (MoM)
	United Kingdom		Industrial Production (MoM)
	United Kingdom		Gross Domestic Product (YoY)
	United Kingdom		NIESR GDP Estimate (3M)
	United Kingdom		S&P Global/CIPS Manufacturing PMI
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	United States		S&P Global Manufacturing PMI
	United States		S&P Global Services PMI
	United States		Chicago Fed National Activity Index
	United States		Factory Orders (MoM)
	United States		ISM Services New Orders Index
	United States		ISM Manufacturing New Orders Index
	United States		Philadelphia Fed Manufacturing Survey
	United States		S&P Global Composite PMI
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Calendar - Gross Domestic Product Annualized - United States

Gross Domestic Product Annualized

Most recent - Wednesday 29 November 2023 13:30

Next event - Thursday 21 December 2023 13:30

Trading range

Trading range after each Gross Domestic Product Annualized event

Forecast history

Past events

Economic context

About Gross Domestic Product Annualized

Related events