the us economy is expected to have grown at a solid clip in the last quarter of 2022 the second straight quarter of expansion after a period of negative growth economists surveyed by factset estimate gross domestic product grew at a 23 seasonally adjusted annual rate in the fourth quarter which would represent a decline from the 32 growth seen in the third quarter and a sustained reversal from the first half of the year when the economy experienced a technical recession due out at 830 am eastern thursday the first reading of gdp is one of the key economic releases for investors this week