US Final GDP q/q
It's the broadest measure of economic activity and the primary gauge of the economy's health;
While this is q/q data, it's reported in an annualized format (quarterly change x4). The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. There are 3 versions of GDP released a month apart - Advance, Preliminary, and Final. The Advance release is the earliest and thus tends to have the most impact;
- US Final GDP q/q Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Sep 26, 2024 | 3.0% | 3.0% | 3.0% |
Jun 27, 2024 | 1.4% | 1.4% | 1.3% |
Mar 28, 2024 | 3.4% | 3.2% | 3.2% |
Dec 21, 2023 | 4.9% | 5.2% | 5.2% |
Sep 28, 2023 | 2.1% | 2.2% | 2.1% |
Jun 29, 2023 | 2.0% | 1.4% | 1.3% |
Mar 30, 2023 | 2.6% | 2.7% | 2.7% |
Dec 22, 2022 | 3.2% | 2.9% | 2.9% |
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- US Final GDP q/q News
After the first rate cut in two years went according to market expectations as the Federal Reserve (Fed) obliged and reduced the federal funds rate by 50 basis points (bps), markets have continued to run with the Fed’s ball and seem to have a ‘sugar rush,’ betting the Fed is going cut another 50 bps in November and another 25 bps in December for a total of 125 bps before the end of the year. However, the latest Fed dot plot, which was released just one week ago, only called for 100 bps of cuts before the end of the year. Thus, this ...
Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the second quarter of 2024 (table 1), according to the "third" estimate released by the U.S. Bureau of Economic Analysis. In the first quarter, real GDP increased 1.6 percent (revised). The GDP estimate released today is based on more complete source data than were available for the "second" estimate issued last month. In the second estimate, the increase in real GDP was also 3.0 percent. The update primarily reflected upward revisions to private ...
Real gross domestic product (GDP) increased at an annual rate of 1.4 percent in the first quarter of 2024 (table 1), according to the "third" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2023, real GDP increased 3.4 percent. The GDP estimate released today is based on more complete source data than were available for the "second" estimate issued last month. In the second estimate, the increase in real GDP was 1.3 percent. The upward revision primarily reflected a downward revision to imports, which ...
Today’s reports show continued progress delivering on President Biden’s agenda to lower costs and grow the economy from the middle out and the bottom up. Consumer sentiment has turned a corner and is up nearly 30% over the last four months, the fastest increase in 30 years. The turnaround in consumer sentiment comes as consumers expect lower inflation and report feeling good about their personal finances. In the second half of 2023, GDP grew faster than any point from 2015 through the pandemic. Challenges remain, but working families ...
Real gross domestic product (GDP) increased at an annual rate of 3.4 percent in the fourth quarter of 2023 (table 1), according to the "third" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 4.9 percent. The GDP estimate released today is based on more complete source data than were available for the "second" estimate issued last month. In the second estimate, the increase in real GDP was 3.2 percent. The update primarily reflected upward revisions to consumer spending and nonresidential ...
Few data reports are likely to be market movers in the March 25 week. Some of the data will close out early looks at conditions for the manufacturing and service sectors in the first quarter 2024. Some will take the temperature of consumers’ optimism – or pessimism – for March and hint at whether consumer spending could support growth in the first quarter. Some will only provide data for February for an incomplete picture of the housing sector in the first quarter. GDP data set for release at 8:30 ET on Thursday will be the third and ...
Normally the market could care less about data that is at least 3 months old, like for example today's 3rd estimate of Q3 GDP for the quarter ended Sept 30 or, well, three months ago, but on days like today when algos are desperate for bad news to validate the Fed's dovish pivot and extend on premarket gains, it appears that everyone ignored the very strong initial claims print which came in near record lows... chart ... and instead focused exclusively on both the GDP number, which at 4.9% (or 4.86% to be precise) was revised ...
Real gross domestic product (GDP) increased at an annual rate of 4.9 percent in the third quarter of 2023 (table 1), according to the "third" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 2.1 percent. The GDP estimate released today is based on more complete source data than were available for the "second" estimate issued last month. In the second estimate, the increase in real GDP was 5.2 percent. The update primarily reflected a downward revision to consumer spending. Imports, which ...
Released on Sep 26, 2024 |
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Released on Jun 27, 2024 |
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Released on Mar 28, 2024 |
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Released on Dec 21, 2023 |
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