Level Chart

Basic Info

US GDP or Gross Domestic Product is the total value of goods produced and services provided in the US. It is a vital indicator to analyze the health of the US economy. The metric is calculated as the sum of Private Consumption, Gross Investment, Government Spending and Net Exports. Two quarters of consecutive negative real GDP growth signifies a recession. Additionally, GDP is used by the FOMC as a gauge to make their interest rate decisions. In the post World War II boom years, US GDP grew as high as 26.80% in a year, but by the late 20th century 2-7% nominal growth was more the norm.

US GDP is at a current level of 25.70T, up from 25.25T last quarter and up from 23.55T one year ago. This is a change of 1.78% from last quarter and 9.12% from one year ago.

Stats

Last Value 25.70T
Latest Period Sep 2022
Last Updated Nov 30 2022, 08:35 EST
Next Release Dec 22 2022, 08:30 EST (R)
Average Growth Rate 6.26%
Value from Last Quarter 25.25T
Change from Last Quarter 1.78%
Value from 1 Year Ago 23.55T
Change from 1 Year Ago 9.12%
Frequency Quarterly
Unit USD
Adjustment Seasonally Adjusted Annual Rate
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Historical Data

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Date Value
September 30, 2022 25.70T
June 30, 2022 25.25T
March 31, 2022 24.74T
December 31, 2021 24.35T
September 30, 2021 23.55T
June 30, 2021 23.05T
March 31, 2021 22.31T
December 31, 2020 21.70T
September 30, 2020 21.36T
June 30, 2020 19.64T
March 31, 2020 21.54T
December 31, 2019 21.71T
September 30, 2019 21.53T
June 30, 2019 21.27T
March 31, 2019 21.01T
December 31, 2018 20.82T
September 30, 2018 20.69T
June 30, 2018 20.47T
March 31, 2018 20.16T
December 31, 2017 19.89T
September 30, 2017 19.56T
June 30, 2017 19.30T
March 31, 2017 19.15T
December 31, 2016 18.97T
September 30, 2016 18.78T
Date Value
June 30, 2016 18.61T
March 31, 2016 18.43T
December 31, 2015 18.33T
September 30, 2015 18.31T
June 30, 2015 18.19T
March 31, 2015 17.99T
December 31, 2014 17.85T
September 30, 2014 17.74T
June 30, 2014 17.46T
March 31, 2014 17.14T
December 31, 2013 17.13T
September 30, 2013 16.91T
June 30, 2013 16.70T
March 31, 2013 16.63T
December 31, 2012 16.42T
September 30, 2012 16.32T
June 30, 2012 16.21T
March 31, 2012 16.07T
December 31, 2011 15.84T
September 30, 2011 15.65T
June 30, 2011 15.56T
March 31, 2011 15.35T
December 31, 2010 15.31T
September 30, 2010 15.14T
June 30, 2010 14.98T

Basic Info

US GDP or Gross Domestic Product is the total value of goods produced and services provided in the US. It is a vital indicator to analyze the health of the US economy. The metric is calculated as the sum of Private Consumption, Gross Investment, Government Spending and Net Exports. Two quarters of consecutive negative real GDP growth signifies a recession. Additionally, GDP is used by the FOMC as a gauge to make their interest rate decisions. In the post World War II boom years, US GDP grew as high as 26.80% in a year, but by the late 20th century 2-7% nominal growth was more the norm.

US GDP is at a current level of 25.70T, up from 25.25T last quarter and up from 23.55T one year ago. This is a change of 1.78% from last quarter and 9.12% from one year ago.

Stats

Last Value 25.70T
Latest Period Sep 2022
Last Updated Nov 30 2022, 08:35 EST
Next Release Dec 22 2022, 08:30 EST (R)
Average Growth Rate 6.26%
Value from Last Quarter 25.25T
Change from Last Quarter 1.78%
Value from 1 Year Ago 23.55T
Change from 1 Year Ago 9.12%
Frequency Quarterly
Unit USD
Adjustment Seasonally Adjusted Annual Rate
Download Source File Download