US GDP Gap (I:USGDPG)
2.771M for Q3 2024
Level Chart
Basic Info
|
US GDP Gap is at a current level of 2.771M, up from 2.703M last quarter and up from 2.540M one year ago. This is a change of 2.52% from last quarter and 9.09% from one year ago. |
| Report | Gross Domestic Product (GDP) |
| Category | GDP |
| Region | United States |
| Source | Federal Reserve Bank of St. Louis |
Stats
| Last Value | 2.771M |
| Latest Period | Sep 2024 |
| Last Updated | Oct 30 2024, 08:32 EDT |
| Average Growth Rate | 38.36% |
| Value from Last Quarter | 2.703M |
| Change from Last Quarter | 2.52% |
| Value from 1 Year Ago | 2.540M |
| Change from 1 Year Ago | 9.09% |
| Frequency | Quarterly |
| Adjustment | N/A |
| Notes | Actual Real GDP minus Potential Real GDP. If the GDP gap is greater than 0 it indicates a possible inflationary gap where real GDP is outpacing potential real GDP. If the GDP gap is less than 0 it indicates a possible recessionary gap where potential real GDP is outpacing real GDP. |
| Formula | US Real GDP - US Real Potential GDP |
Historical Data
| Date | Value |
|---|---|
| September 30, 2024 | 2.771M |
| June 30, 2024 | 2.703M |
| March 31, 2024 | 2.626M |
| December 31, 2023 | 2.627M |
| September 30, 2023 | 2.540M |
| June 30, 2023 | 2.390M |
| March 31, 2023 | 2.344M |
| December 31, 2022 | 2.280M |
| September 30, 2022 | 2.185M |
| June 30, 2022 | 2.125M |
| March 31, 2022 | 2.195M |
| December 31, 2021 | 2.337M |
| September 30, 2021 | 2.029M |
| June 30, 2021 | 1.923M |
| March 31, 2021 | 1.662M |
| December 31, 2020 | 1.441M |
| September 30, 2020 | 1.281M |
| June 30, 2020 | -147173.0 |
| March 31, 2020 | 1.577M |
| December 31, 2019 | 1.956M |
| September 30, 2019 | 1.900M |
| June 30, 2019 | 1.746M |
| March 31, 2019 | 1.661M |
| December 31, 2018 | 1.621M |
| September 30, 2018 | 1.678M |
| Date | Value |
|---|---|
| June 30, 2018 | 1.637M |
| March 31, 2018 | 1.613M |
| December 31, 2017 | 1.532M |
| September 30, 2017 | 1.388M |
| June 30, 2017 | 1.310M |
| March 31, 2017 | 1.274M |
| December 31, 2016 | 1.252M |
| September 30, 2016 | 1.217M |
| June 30, 2016 | 1.154M |
| March 31, 2016 | 1.166M |
| December 31, 2015 | 1.131M |
| September 30, 2015 | 1.170M |
| June 30, 2015 | 1.170M |
| March 31, 2015 | 1.131M |
| December 31, 2014 | 1.040M |
| September 30, 2014 | 1.022M |
| June 30, 2014 | 876168.4 |
| March 31, 2014 | 717836.0 |
| December 31, 2013 | 852701.3 |
| September 30, 2013 | 768690.1 |
| June 30, 2013 | 688385.1 |
| March 31, 2013 | 710867.9 |
| December 31, 2012 | 606611.7 |
| September 30, 2012 | 653537.6 |
| June 30, 2012 | 694243.0 |
News
Headline
Wire
Time (ET)
MT Newswires
10/31 11:59
Basic Info
|
US GDP Gap is at a current level of 2.771M, up from 2.703M last quarter and up from 2.540M one year ago. This is a change of 2.52% from last quarter and 9.09% from one year ago. |
| Report | Gross Domestic Product (GDP) |
| Category | GDP |
| Region | United States |
| Source | Federal Reserve Bank of St. Louis |
Stats
| Last Value | 2.771M |
| Latest Period | Sep 2024 |
| Last Updated | Oct 30 2024, 08:32 EDT |
| Average Growth Rate | 38.36% |
| Value from Last Quarter | 2.703M |
| Change from Last Quarter | 2.52% |
| Value from 1 Year Ago | 2.540M |
| Change from 1 Year Ago | 9.09% |
| Frequency | Quarterly |
| Adjustment | N/A |
| Notes | Actual Real GDP minus Potential Real GDP. If the GDP gap is greater than 0 it indicates a possible inflationary gap where real GDP is outpacing potential real GDP. If the GDP gap is less than 0 it indicates a possible recessionary gap where potential real GDP is outpacing real GDP. |
| Formula | US Real GDP - US Real Potential GDP |