US Gross Domestic Product (GDP)
The broadest measure of the size and growth of the US economy; it moves markets most on its first estimate.
- Published by
- US Bureau of Economic Analysis (BEA)
- Frequency
- Quarterly, in three estimates per quarter
- When
- The advance estimate about a month after the quarter ends, then two revised estimates in the following months.
- Time
- 8:30 a.m. New York time: 15:30 in Mecca/Riyadh while the US is on daylight time (March to November), 16:30 otherwise.
What is GDP?
It measures the value of all goods and services produced in the US during the quarter, usually reported as a seasonally adjusted annualised growth rate.
Why does it move markets?
Strong growth supports the dollar and can delay rate cuts; weak or negative growth raises recession talk. The advance estimate is the biggest surprise; later revisions usually matter less.
What traders watch
- The advance estimate against the forecast.
- The accompanying GDP price index.
Most affected instruments
USDUS500XAUUSD
Official schedule
Exact release dates are published in advance by the issuer:
BEA release scheduleNext release in the economic calendar
From TradingView, in your device's time zone. Look for “GDP” in the list.
Before you trade the release
- Spreads widen sharply in the minutes around the release, and orders can fill at a worse price than asked (slippage).
- Some brokers raise margin or restrict orders around major news. Read your broker's terms beforehand.
- The first move can reverse within minutes. Set your position size and stop before the number comes out, not after.
Related indicators
- PCEPersonal Consumption Expenditures price index (PCE)
- Retail SalesUS Retail Sales
- ISM PMIUS ISM Manufacturing PMI
Educational explanation, not investment advice. Market reactions to any release are not guaranteed and can run against the usual pattern.