US GDP growth measures how much the economy expanded or shrank last quarter, the broadest read on US economic health.
Actual
33.4%
Forecast
33.1%
Previous
-31.4%
US GDP Growth Rate for Q3 came in at 33.4% versus 33.1% expected (previous -31.4%), above forecast, which was positive for the USD.
What it meant for the USD
The actual landed above the 33.1% forecast (0.3 above expectations). A reading above forecast is generally bullish for the USD, and below forecast bearish. On this release the read was positive for the USD.
New to this release? See what US GDP Growth Rate measures, the next release and its full history.