US Real GDP (I:USRGDP)
Level Chart
Basic Info
|
US Real GDP is at a current level of 23.39T, up from 23.22T last quarter and up from 22.78T one year ago. This is a change of 0.70% from last quarter and 2.66% from one year ago. |
|
US Real GDP is measured as the Gross Domestic Product in the US, adjusted for inflation. Gross Domestic Product is the total value of goods produced and services provided in the US. Real GDP is a vital indicator to analyze the health of the economy. Two quarters of consecutive negative real GDP growth officially 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 Real GDP grew as high as 12.8% in a year, but in the late 20th century 0-5% growth was more the norm. |
| Report | Gross Domestic Product (GDP) |
| Category | GDP |
| Region | United States |
| Source | Bureau of Economic Analysis |
Stats
| Last Value | 23.39T |
| Latest Period | Sep 2024 |
| Last Updated | Oct 30 2024, 08:32 EDT |
| Next Release | Nov 27 2024, 08:30 EST (R) |
| Average Growth Rate | 3.10% |
| Value from Last Quarter | 23.22T |
| Change from Last Quarter | 0.70% |
| Value from 1 Year Ago | 22.78T |
| Change from 1 Year Ago | 2.66% |
| Frequency | Quarterly |
| Unit | Chained 2017 USD |
| Adjustment | Seasonally Adjusted Annual Rate |
| Download Source File | Upgrade |
Historical Data
| Date | Value |
|---|---|
| September 30, 2024 | 23.39T |
| June 30, 2024 | 23.22T |
| March 31, 2024 | 23.05T |
| December 31, 2023 | 22.96T |
| September 30, 2023 | 22.78T |
| June 30, 2023 | 22.54T |
| March 31, 2023 | 22.40T |
| December 31, 2022 | 22.25T |
| September 30, 2022 | 22.07T |
| June 30, 2022 | 21.92T |
| March 31, 2022 | 21.90T |
| December 31, 2021 | 21.96T |
| September 30, 2021 | 21.57T |
| June 30, 2021 | 21.39T |
| March 31, 2021 | 21.06T |
| December 31, 2020 | 20.77T |
| September 30, 2020 | 20.55T |
| June 30, 2020 | 19.06T |
| March 31, 2020 | 20.69T |
| December 31, 2019 | 20.99T |
| September 30, 2019 | 20.84T |
| June 30, 2019 | 20.60T |
| March 31, 2019 | 20.43T |
| December 31, 2018 | 20.30T |
| September 30, 2018 | 20.28T |
| Date | Value |
|---|---|
| June 30, 2018 | 20.15T |
| March 31, 2018 | 20.04T |
| December 31, 2017 | 19.88T |
| September 30, 2017 | 19.66T |
| June 30, 2017 | 19.51T |
| March 31, 2017 | 19.40T |
| December 31, 2016 | 19.30T |
| September 30, 2016 | 19.20T |
| June 30, 2016 | 19.06T |
| March 31, 2016 | 19.00T |
| December 31, 2015 | 18.89T |
| September 30, 2015 | 18.86T |
| June 30, 2015 | 18.78T |
| March 31, 2015 | 18.67T |
| December 31, 2014 | 18.50T |
| September 30, 2014 | 18.41T |
| June 30, 2014 | 18.19T |
| March 31, 2014 | 17.95T |
| December 31, 2013 | 18.02T |
| September 30, 2013 | 17.86T |
| June 30, 2013 | 17.71T |
| March 31, 2013 | 17.66T |
| December 31, 2012 | 17.49T |
| September 30, 2012 | 17.47T |
| June 30, 2012 | 17.44T |
News
Basic Info
|
US Real GDP is at a current level of 23.39T, up from 23.22T last quarter and up from 22.78T one year ago. This is a change of 0.70% from last quarter and 2.66% from one year ago. |
|
US Real GDP is measured as the Gross Domestic Product in the US, adjusted for inflation. Gross Domestic Product is the total value of goods produced and services provided in the US. Real GDP is a vital indicator to analyze the health of the economy. Two quarters of consecutive negative real GDP growth officially 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 Real GDP grew as high as 12.8% in a year, but in the late 20th century 0-5% growth was more the norm. |
| Report | Gross Domestic Product (GDP) |
| Category | GDP |
| Region | United States |
| Source | Bureau of Economic Analysis |
Stats
| Last Value | 23.39T |
| Latest Period | Sep 2024 |
| Last Updated | Oct 30 2024, 08:32 EDT |
| Next Release | Nov 27 2024, 08:30 EST (R) |
| Average Growth Rate | 3.10% |
| Value from Last Quarter | 23.22T |
| Change from Last Quarter | 0.70% |
| Value from 1 Year Ago | 22.78T |
| Change from 1 Year Ago | 2.66% |
| Frequency | Quarterly |
| Unit | Chained 2017 USD |
| Adjustment | Seasonally Adjusted Annual Rate |
| Download Source File | Upgrade |
Related Indicators
| US Economy |
| ADP Employment Change | 233000.0 |
| Effective Federal Funds Rate | 4.58% |
| US Durable Goods New Orders MoM | -0.78% |
| US Housing Starts MoM | -3.10% |
| US Index of Consumer Sentiment | 73.00 |
| US Inflation Rate | 2.60% |
| US Initial Claims for Unemployment Insurance | 217000.0 |
| US ISM Manufacturing PMI | 46.50 |
| US Real GDP QoQ | 2.80% |
| US Retail and Food Services Sales MoM | 0.40% |
| US Unemployment Rate | 4.10% |