Forex Fundamentals
US GDP Growth Rate (Third Estimate)

US GDP Growth Rate (Third Estimate) 29 June 2022

US GDP Growth Rate (Third Estimate) 29 June 2022: -1.6% for Q1 2022, below the -1.5% forecast and down from 6.9% in Q4 2021. It is the lowest reading since Q1 2020. It is the second release in a row below the forecast. It was released on Wed 29 Jun 2022 at 12:30 UTC (8:30 AM ET).

These figures were verified on 4 Oct 2026 from the source: U.S. Bureau of Economic Analysis. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
-1.6%
Q1 2022
Forecast
-1.5%
The market consensus
Previous
6.9%
As the source gives it

What a print like this usually does

Below the forecast: The dollar may weaken if the final figure reveals a meaningful loss of momentum.

US GDP Growth Rate (Third Estimate) 29 June 2022: -1.6% for Q1 2022 against a -1.5% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

US GDP Growth Rate (Third Estimate) 29 June 2022: -1.6% vs -1.5% forecast (U.S. Bureau of Economic Analysis). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/us-gdp/2022-06-29

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
29 Jun 2022Q1-1.6%-1.5%6.9%
30 Mar 2022Q46.9%7.1%2.3%
22 Dec 2021Q32.3%2.1%6.7%
24 Jun 2021Q16.4%6.4%4.3%
25 Mar 2021Q44.3%4.1%33.4%
22 Dec 2020Q333.4%33.1%-31.4%
25 Jun 2020Q1-5%-5%2.1%
26 Mar 2020Q42.1%2.1%2.1%
28 Mar 2019Q42.2%2.4%3.4%
28 Mar 2018Q42.9%2.7%3.2%
30 Mar 2017Q42.1%2%3.5%
25 Mar 2016Q41.4%1%2.0%
The release before:US GDP Growth Rate (Third Estimate) 30 March 2022The release after:US GDP Growth Rate (Third Estimate) 29 September 2022US GDP Growth Rate (Third Estimate): every recent resultThis week’s economic calendar