United States USD

United States GDP Sales QoQ Final

Impact:
Low

Latest Release:

Date:
Surprise:
0.1%
Actual:
3.3%
Forecast: 3.2%
Previous/Revision:
3.3%
Period: Q4

Next Release:

Date:
Forecast: -2.9%
Period: Q1
What Does It Measure?
The United States GDP Sales QoQ Final measures the total value of all goods and services sold in the economy over a specific quarter, reflecting consumer spending, business investment, and net exports. This indicator assesses national economic activity and overall economic health, with key indicators including changes in consumption patterns, production, and investment levels, where an increase indicates expansion and a decrease indicates contraction.
Frequency
This report is released quarterly, providing a final estimate that reflects comprehensive data revisions over time; it is typically published at the end of the month following the close of the quarter.
Why Do Traders Care?
Traders closely monitor this event as it provides insights into the strength of the U.S. economy, influencing expectations about monetary policy, interest rates, and market sentiment, which can affect key assets such as the USD, stocks, and bonds. A higher-than-expected growth figure can boost investor confidence, leading to bullish trends in equities and the dollar, while weaker results may prompt bearish reactions.
What Is It Derived From?
The GDP Sales QoQ Final is calculated using data from a variety of sources, including surveys of businesses, consumer spending records, and government reports, with adjustments made for seasonality and inflation. This comprehensive calculation methodology incorporates a wide range of economic activities, ensuring a robust estimate reflective of true economic conditions.
Description
The GDP Sales QoQ report differentiates between preliminary and final reports, whereby the preliminary data is based on early estimates subject to modifications, while the final report offers a more accurate reflection of economic conditions, albeit released later. Financial markets typically react more vigorously to preliminary figures due to their immediacy, with adjustments often occurring upon release of the final figures, which provide a clearer picture of economic trends.
Additional Notes
This indicator serves as a coincident economic measure, closely correlating with other key indicators such as the unemployment rate and consumer confidence indices. Understanding GDP Sales in conjunction with other economic reports offers broader insights into both national economic trends and comparative global economic health.
Bullish or Bearish for Currency and Stocks
If the final GDP Sales QoQ figure is higher than expected, it is likely to be bullish for the USD and bullish for Stocks. Conversely, if it is lower than expected, it would be bearish for the USD and bearish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
3.3%
3.2%
3.3%
0.1%
3.3%
3%
1.9%
0.3%
1.9%
2.2%
2.1%
-0.3%
1.8%
1.7%
3.9%
0.1%
3.9%
3.5%
3.6%
0.4%
3.6%
3.7%
2.1%
-0.1%
2.1%
2.2%
4.6%
-0.1%
4.2%
3.5%
1.1%
0.7%
1.1%
1.2%
4.5%
-0.1%
4.5%
4%
1.3%
0.5%
1.3%
1.3%
-1.2%
-1.2%
-0.5%
1.5%
-0.7%
1.5%
2%
0.1%
-0.5%
0.1%
0%
8.1%
0.1%