Level Chart

Basic Info

US Real GDP is at a current level of 22.67T, up from 22.49T last quarter and up from 21.99T one year ago. This is a change of 0.81% from last quarter and 3.11% 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.

Stats

Last Value 22.67T
Latest Period Dec 2023
Last Updated Jan 25 2024, 09:59 EST
Next Release Feb 28 2024, 08:30 EST (R)
Average Growth Rate 3.18%
Value from Last Quarter 22.49T
Change from Last Quarter 0.81%
Value from 1 Year Ago 21.99T
Change from 1 Year Ago 3.11%
Frequency Quarterly
Unit Chained 2012 USD
Adjustment Seasonally Adjusted Annual Rate
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Historical Data

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Date Value
December 31, 2023 22.67T
September 30, 2023 22.49T
June 30, 2023 22.23T
March 31, 2023 22.11T
December 31, 2022 21.99T
September 30, 2022 21.85T
June 30, 2022 21.71T
March 31, 2022 21.74T
December 31, 2021 21.85T
September 30, 2021 21.48T
June 30, 2021 21.31T
March 31, 2021 20.99T
December 31, 2020 20.72T
September 30, 2020 20.51T
June 30, 2020 19.03T
March 31, 2020 20.67T
December 31, 2019 20.95T
September 30, 2019 20.82T
June 30, 2019 20.58T
March 31, 2019 20.42T
December 31, 2018 20.30T
September 30, 2018 20.28T
June 30, 2018 20.15T
March 31, 2018 20.04T
December 31, 2017 19.88T
Date Value
September 30, 2017 19.66T
June 30, 2017 19.51T
March 31, 2017 17.89T
December 31, 2016 17.81T
September 30, 2016 17.72T
June 30, 2016 17.62T
March 31, 2016 17.57T
December 31, 2015 17.46T
September 30, 2015 17.44T
June 30, 2015 17.38T
March 31, 2015 17.31T
December 31, 2014 17.14T
September 30, 2014 17.05T
June 30, 2014 16.84T
March 31, 2014 16.62T
December 31, 2013 16.66T
September 30, 2013 16.53T
June 30, 2013 16.40T
March 31, 2013 16.38T
December 31, 2012 16.24T
September 30, 2012 16.22T
June 30, 2012 16.20T
March 31, 2012 16.13T
December 31, 2011 16.00T
September 30, 2011 15.82T

Basic Info

US Real GDP is at a current level of 22.67T, up from 22.49T last quarter and up from 21.99T one year ago. This is a change of 0.81% from last quarter and 3.11% 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.

Stats

Last Value 22.67T
Latest Period Dec 2023
Last Updated Jan 25 2024, 09:59 EST
Next Release Feb 28 2024, 08:30 EST (R)
Average Growth Rate 3.18%
Value from Last Quarter 22.49T
Change from Last Quarter 0.81%
Value from 1 Year Ago 21.99T
Change from 1 Year Ago 3.11%
Frequency Quarterly
Unit Chained 2012 USD
Adjustment Seasonally Adjusted Annual Rate
Download Source File Upgrade