GDP (gross domestic product)

Definition

The total value of everything the US economy produces, reported each quarter.

The story

On Oct 29, 2026, the first estimate said the economy grew at a 3.4% annual rate in the third quarter, a bit faster than the 3.2% expected (Reuters poll). "Annual rate" is the catch: it's the quarter's growth stretched out as if it lasted a full year, so the economy didn't actually grow 3.4% in three months.

Why markets watch it

It's the broadest scorecard for whether the economy is speeding up or slowing down.

IN HISTORICAL DATA

Latest GDP (advance): Thu, Oct 29, 2026 · Above

Actual vs forecast
+3.4% vs +3.2%
S&P 500
-0.3%
Nasdaq
-1.4%
Gold
Spot $4,025.24/oz, -1.03%

History, not a prediction. Every row lists its sources.

All GDP (advance) →

See it in the story

How money works · Chapter 4Everyone spendsHow does spending keep the economy going?

Connects to

Last seen in

The Close, Monday, November 2, 2026 →

We explain why it moves markets. What you do with it is your call. Commentary and education only. Not financial advice. All terms