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 19.52T, down from 21.56T last quarter and down from 21.33T one year ago. This is a change of -9.47% from last quarter and -8.48% from one year ago.

Stats

Last Value 19.52T
Latest Period Jun 2020
Last Updated Sep 30 2020, 08:34 EDT
Next Release Oct 29 2020, 08:30 EDT
Average Growth Rate 6.06%
Value from 1 Year Ago 21.33T
Change from 1 Year Ago -8.48%
Frequency Quarterly
Unit USD
Adjustment Seasonally Adjusted Annual Rate
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Historical Data

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Date Value
June 30, 2020 19.52T
March 31, 2020 21.56T
December 31, 2019 21.75T
September 30, 2019 21.54T
June 30, 2019 21.33T
March 31, 2019 21.12T
December 31, 2018 20.91T
September 30, 2018 20.74T
June 30, 2018 20.55T
March 31, 2018 20.24T
December 31, 2017 19.94T
September 30, 2017 19.62T
June 30, 2017 19.38T
March 31, 2017 19.24T
December 31, 2016 19.03T
September 30, 2016 18.82T
June 30, 2016 18.66T
March 31, 2016 18.47T
December 31, 2015 18.38T
September 30, 2015 18.35T
June 30, 2015 18.22T
March 31, 2015 18.00T
December 31, 2014 17.85T
September 30, 2014 17.72T
June 30, 2014 17.43T
Date Value
March 31, 2014 17.10T
December 31, 2013 17.08T
September 30, 2013 16.85T
June 30, 2013 16.64T
March 31, 2013 16.57T
December 31, 2012 16.36T
September 30, 2012 16.26T
June 30, 2012 16.15T
March 31, 2012 16.02T
December 31, 2011 15.80T
September 30, 2011 15.59T
June 30, 2011 15.50T
March 31, 2011 15.29T
December 31, 2010 15.24T
September 30, 2010 15.08T
June 30, 2010 14.93T
March 31, 2010 14.72T
December 31, 2009 14.63T
September 30, 2009 14.42T
June 30, 2009 14.35T
March 31, 2009 14.39T
December 31, 2008 14.56T
September 30, 2008 14.84T
June 30, 2008 14.81T
March 31, 2008 14.65T

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 19.52T, down from 21.56T last quarter and down from 21.33T one year ago. This is a change of -9.47% from last quarter and -8.48% from one year ago.

Stats

Last Value 19.52T
Latest Period Jun 2020
Last Updated Sep 30 2020, 08:34 EDT
Next Release Oct 29 2020, 08:30 EDT
Average Growth Rate 6.06%
Value from 1 Year Ago 21.33T
Change from 1 Year Ago -8.48%
Frequency Quarterly
Unit USD
Adjustment Seasonally Adjusted Annual Rate
Download Source File Download