GDP (QoQ, annualized)
Thu · Jul 30 · 8:30 AM ET
Release history
| Period | Actual | Prior | S&P that day |
|---|---|---|---|
| Jan 2026 | 2.1% | 0.5% | +0.2% |
| Oct 2025 | 0.5% | 4.4% | +0.3% |
| Jul 2025 | 4.4% | 3.8% | +0% |
“S&P that day” = S&P 500 (SPY) close-to-close move on the release date — a proxy for the market’s reaction.
What is GDP?
Gross Domestic Product (GDP) is the broadest measure of U.S. economic output — the total value of all goods and services produced. The BEA reports it quarterly as an annualized growth rate, in three successive estimates (advance, second, third).
Why it moves markets
GDP frames the entire backdrop for corporate earnings and Fed policy. Accelerating growth supports profits but can keep policy tight; contracting GDP (two negative quarters is a common recession marker) shifts the Fed toward easing.
How to read it
Watch the annualized QoQ rate versus consensus, plus the mix — consumption, investment and inventories. Growth that is solid but not overheating is the "Goldilocks" outcome markets prefer.
Upcoming releases
Times in U.S. Eastern (ET). Economic data from official sources (FRED); schedules and AI estimates may change. For information only — not investment advice.