US GDP Growth:

3.50% for Q4 2019
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US GDP Growth reflects the year over year percent change in US Gross Domestic Product (GDP), where US GDP is defined as the total value of goods produced and services provided in the US. The US GDP tracks the health in the US economy, however the US GDP Growth displays how the growth in the US economy compares against historical trends. 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 Growth is at 3.50%, compared to 3.80% last quarter and 2.90% last year. This is lower than the long term average of 6.47%.

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Historical Data

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Export Data Date Range:
Data for this Date Range  
Dec. 31, 2019 3.50%
Sept. 30, 2019 3.80%
June 30, 2019 4.70%
March 31, 2019 3.90%
Dec. 31, 2018 2.90%
Sept. 30, 2018 4.80%
June 30, 2018 7.10%
March 31, 2018 5.00%
Dec. 31, 2017 6.40%
Sept. 30, 2017 5.40%
June 30, 2017 3.50%
March 31, 2017 4.20%
Dec. 31, 2016 4.00%
Sept. 30, 2016 3.70%
June 30, 2016 4.70%
March 31, 2016 1.60%
Dec. 31, 2015 0.10%
Sept. 30, 2015 2.80%
June 30, 2015 5.30%
March 31, 2015 3.00%
Dec. 31, 2014 2.90%
Sept. 30, 2014 6.80%
June 30, 2014 7.90%
March 31, 2014 0.50%
Dec. 31, 2013 5.70%
   
Sept. 30, 2013 5.20%
June 30, 2013 1.70%
March 31, 2013 5.30%
Dec. 31, 2012 2.50%
Sept. 30, 2012 2.60%
June 30, 2012 3.30%
March 31, 2012 5.80%
Dec. 31, 2011 5.40%
Sept. 30, 2011 2.50%
June 30, 2011 5.60%
March 31, 2011 1.20%
Dec. 31, 2010 4.30%
Sept. 30, 2010 4.20%
June 30, 2010 5.70%
March 31, 2010 2.60%
Dec. 31, 2009 5.90%
Sept. 30, 2009 1.90%
June 30, 2009 -1.20%
March 31, 2009 -4.50%
Dec. 31, 2008 -7.20%
Sept. 30, 2008 0.80%
June 30, 2008 4.30%
March 31, 2008 -0.80%
Dec. 31, 2007 4.10%
Sept. 30, 2007 4.30%

There is no data for the selected date range.

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Stats

Last Value 3.50%
Latest Period Dec 2019
Last Updated Feb 27 2020, 08:36 EST
Next Release Feb 27 2020, 08:30 EST
Long Term Average 6.47%
Value from 1 Year Ago 2.90%
Change from 1 Year Ago 20.69%
Frequency Quarterly
Unit Percent
Adjustment Seasonally Adjusted Annual Rate
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