US GDP Gap (I:USGDPG)
2.342M for Q1 2024
Level Chart
Basic Info
|
US GDP Gap is at a current level of 2.342M, down from 2.346M last quarter and up from 2.053M one year ago. This is a change of -0.17% from last quarter and 14.08% from one year ago. |
| Report | Gross Domestic Product (GDP) |
| Category | GDP |
| Region | United States |
| Source | Federal Reserve Bank of St. Louis |
Stats
| Last Value | 2.342M |
| Latest Period | Mar 2024 |
| Last Updated | Apr 25 2024, 08:40 EDT |
| Average Growth Rate | 40.17% |
| Value from Last Quarter | 2.346M |
| Change from Last Quarter | -0.17% |
| Value from 1 Year Ago | 2.053M |
| Change from 1 Year Ago | 14.08% |
| 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 |
|---|---|
| March 31, 2024 | 2.342M |
| December 31, 2023 | 2.346M |
| September 30, 2023 | 2.250M |
| June 30, 2023 | 2.076M |
| March 31, 2023 | 2.053M |
| December 31, 2022 | 2.020M |
| September 30, 2022 | 1.969M |
| June 30, 2022 | 1.914M |
| March 31, 2022 | 2.030M |
| December 31, 2021 | 2.224M |
| September 30, 2021 | 1.941M |
| June 30, 2021 | 1.843M |
| March 31, 2021 | 1.594M |
| December 31, 2020 | 1.393M |
| September 30, 2020 | 1.244M |
| June 30, 2020 | -168960.0 |
| March 31, 2020 | 1.550M |
| December 31, 2019 | 1.921M |
| September 30, 2019 | 1.874M |
| June 30, 2019 | 1.728M |
| March 31, 2019 | 1.645M |
| December 31, 2018 | 1.621M |
| September 30, 2018 | 1.678M |
| June 30, 2018 | 1.637M |
| March 31, 2018 | 1.613M |
| Date | Value |
|---|---|
| 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 |
| March 31, 2012 | 680972.6 |
| December 31, 2011 | 598835.7 |
Basic Info
|
US GDP Gap is at a current level of 2.342M, down from 2.346M last quarter and up from 2.053M one year ago. This is a change of -0.17% from last quarter and 14.08% from one year ago. |
| Report | Gross Domestic Product (GDP) |
| Category | GDP |
| Region | United States |
| Source | Federal Reserve Bank of St. Louis |
Stats
| Last Value | 2.342M |
| Latest Period | Mar 2024 |
| Last Updated | Apr 25 2024, 08:40 EDT |
| Average Growth Rate | 40.17% |
| Value from Last Quarter | 2.346M |
| Change from Last Quarter | -0.17% |
| Value from 1 Year Ago | 2.053M |
| Change from 1 Year Ago | 14.08% |
| 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 |