US GDP Release Schedule
US Gross Domestic Product (GDP) is the broadest measure of US economic health — quarterly releases drive USD, gold, and US equity indices.
About US GDP
The Bureau of Economic Analysis releases US GDP three times per quarter: Advance (about a month after the quarter ends), Second Estimate (two months after), and Third Estimate (three months after).
Each release hits at 08:30 ET (13:30 UTC). The Advance estimate moves markets most — subsequent revisions only matter when the change is large.
GDP is released alongside the GDP Price Index and Core PCE — the Core PCE print within the GDP release is closely watched as a Fed inflation gauge.
How US GDP moves forex markets
- EURUSD and XAUUSD are the cleanest expressions. US indices (US30, NAS100) react to the combination of growth and inflation data in the release.
- A strong GDP with high Core PCE is hawkish (USD+, gold-). Strong GDP with soft Core PCE is ambiguous — the reaction depends on where Fed expectations sit going in.
Frequently asked questions
When is the next US GDP release?
See the schedule above — US GDP releases quarterly with three estimates per quarter. The Advance estimate (first release) is the most market-moving.