Breaking News

U.S. Gross Domestic Product (GDP) QoQ

Latest Release

May 25, 2023

Actual

1.3%

Forecast

1.1%

2.6%

Gross Domestic Product (GDP) measures the annualised change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health.

A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.

Importance:

Country:

Currency: USD

Source: Bureau of Economic Analysis

Release Date	Time	Actual	Forecast	Previous
Jun 29, 2023 (Q1)	14:30			1.3%
May 25, 2023 (Q1)	14:30	1.3%	1.1%	2.6%
Apr 27, 2023 (Q1)	14:30	1.1%	2.0%	2.6%
Mar 30, 2023 (Q4)	14:30	2.6%	2.7%	3.2%
Feb 23, 2023 (Q4)	15:30	2.7%	2.9%	3.2%
Jan 26, 2023 (Q4)	15:30	2.9%	2.6%	3.2%

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Analysis

Global Growth Will Continue to Slow in 2023 Says World Bank By James Picerno - Jun 07, 2023

The headwind isn’t expected to soften for the world economy in 2023. For a second year in a row, global economic activity will ease, predicts the World Bank. There’s also a bit of good news,...

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The odds remain low that the US will slip into a recession in the second quarter, based on current GDP nowcasts compiled by CapitalSpectator.com. Although recession forecasts endure, the numbers...

How Long Will U.S. Economic Resilience Last? By James Picerno - May 31, 2023

The warning signs continue to mount. Yet the US economy continues to defy expectations in some quarters that a recession is near. Granted, it’s arguably a precarious expansion that’s vulnerable on...

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