Level Chart

Basic Info

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 QoQ is at 13.40%, compared to 10.90% last quarter and -32.40% last year. This is higher than the long term average of 6.45%.

Stats

Last Value 13.40%
Latest Period Jun 2021
Last Updated Sep 30 2021, 08:36 EDT
Next Release Oct 28 2021, 08:30 EDT
Long Term Average 6.45%
Average Growth Rate 13.11%
Value from 1 Year Ago -32.40%
Change from 1 Year Ago N/A
Frequency Quarterly
Unit Percent
Adjustment Seasonally Adjusted Annual Rate
Download Source File Download

Historical Data

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Date Value
June 30, 2021 13.40%
March 31, 2021 10.90%
December 31, 2020 6.60%
September 30, 2020 38.70%
June 30, 2020 -32.40%
March 31, 2020 -3.90%
December 31, 2019 3.60%
September 30, 2019 4.10%
June 30, 2019 5.60%
March 31, 2019 3.70%
December 31, 2018 3.00%
September 30, 2018 3.30%
June 30, 2018 7.10%
March 31, 2018 5.30%
December 31, 2017 6.80%
September 30, 2017 5.00%
June 30, 2017 3.60%
March 31, 2017 4.00%
December 31, 2016 4.20%
September 30, 2016 3.60%
June 30, 2016 4.10%
March 31, 2016 2.00%
December 31, 2015 0.50%
September 30, 2015 2.50%
June 30, 2015 4.60%
Date Value
March 31, 2015 3.50%
December 31, 2014 2.90%
September 30, 2014 6.80%
June 30, 2014 7.90%
March 31, 2014 0.50%
December 31, 2013 5.70%
September 30, 2013 5.20%
June 30, 2013 1.70%
March 31, 2013 5.30%
December 31, 2012 2.50%
September 30, 2012 2.60%
June 30, 2012 3.30%
March 31, 2012 5.80%
December 31, 2011 5.40%
September 30, 2011 2.50%
June 30, 2011 5.60%
March 31, 2011 1.20%
December 31, 2010 4.30%
September 30, 2010 4.20%
June 30, 2010 5.70%
March 31, 2010 2.60%
December 31, 2009 5.90%
September 30, 2009 1.90%
June 30, 2009 -1.20%
March 31, 2009 -4.50%

Basic Info

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 QoQ is at 13.40%, compared to 10.90% last quarter and -32.40% last year. This is higher than the long term average of 6.45%.

Stats

Last Value 13.40%
Latest Period Jun 2021
Last Updated Sep 30 2021, 08:36 EDT
Next Release Oct 28 2021, 08:30 EDT
Long Term Average 6.45%
Average Growth Rate 13.11%
Value from 1 Year Ago -32.40%
Change from 1 Year Ago N/A
Frequency Quarterly
Unit Percent
Adjustment Seasonally Adjusted Annual Rate
Download Source File Download