Forex Fundamentals
US GDP Growth Rate (Third Estimate)

US GDP Growth Rate (Third Estimate) 29 June 2023

US GDP Growth Rate (Third Estimate) 29 June 2023: 2% for Q1 2023, above the 1.4% forecast and down from 2.6% in Q4 2022. It is the lowest reading since Q2 2022. 5 of the last 12 releases came in above the forecast. It was released on Thu 29 Jun 2023 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
2%
Q1 2023
Forecast
1.4%
The market consensus
Previous
2.6%
As the source gives it

What a print like this usually does

Above the forecast: The dollar may strengthen if growth is revised up enough to shift expectations for Fed easing.

US GDP Growth Rate (Third Estimate) 29 June 2023: 2% for Q1 2023 against a 1.4% forecast, with the last 12 releases
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Cite this release

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US GDP Growth Rate (Third Estimate) 29 June 2023: 2% vs 1.4% forecast (U.S. Bureau of Economic Analysis). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/us-gdp/2023-06-29

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
29 Jun 2023Q12%1.4%2.6%
30 Mar 2023Q42.6%2.7%3.2%
22 Dec 2022Q33.2%2.9%-0.6%
29 Sep 2022Q2-0.6%-0.6%-1.6%
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%
The release before:US GDP Growth Rate (Third Estimate) 30 March 2023The release after:US GDP Growth Rate (Third Estimate) 28 September 2023US GDP Growth Rate (Third Estimate): every recent resultThis week’s economic calendar