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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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% |
Sep 29, 2022 | -0.6% | -0.6% | -0.6% |
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- US Final GDP q/q News
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 ...
US consumer spending advanced at half the pace as previously reported in the second quarter, largely due to weaker services outlays, according to government figures published Thursday. Personal consumption, the main driver of the US economy, rose an annualized 0.8% in the April-to-June period, according to the third estimate of gross domestic product from the US Bureau of Economic Analysis. That compared with 1.7% in the previous estimate, and marked the weakest advance in over a year. Overall GDP rose at an unrevised 2.1% rate ...
Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the second quarter of 2023 (table 1), according to the "third" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 2.2 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 GDP was also 2.1 percent. The update primarily reflected a downward revision to consumer spending that ...
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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Released on Sep 28, 2023 |
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