Level Chart

Basic Info

US Real GDP Growth is measured as the year over year change in the Gross Domestic Product in the US as adjusted for inflation. Gross Domestic Product is the total value of goods produced and services provided in a the US. Real GDP Growth 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.

US Real GDP QoQ is at 33.10%, compared to -31.40% last quarter and 2.60% last year. This is higher than the long term average of 3.16%.

Stats

Last Value 33.10%
Latest Period Sep 2020
Last Updated Oct 29 2020, 08:37 EDT
Next Release Dec 22 2020, 08:30 EST
Long Term Average 3.16%
Average Growth Rate -89.83%
Value from 1 Year Ago 2.60%
Change from 1 Year Ago 1.17K%
Frequency Quarterly
Unit Percent
Adjustment Seasonally Adjusted Annual Rate
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Historical Data

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Date Value
September 30, 2020 33.10%
June 30, 2020 -31.40%
March 31, 2020 -5.00%
December 31, 2019 2.40%
September 30, 2019 2.60%
June 30, 2019 1.50%
March 31, 2019 2.90%
December 31, 2018 1.30%
September 30, 2018 2.10%
June 30, 2018 2.70%
March 31, 2018 3.80%
December 31, 2017 3.90%
September 30, 2017 2.90%
June 30, 2017 1.70%
March 31, 2017 2.30%
December 31, 2016 2.50%
September 30, 2016 2.20%
June 30, 2016 1.30%
March 31, 2016 2.30%
December 31, 2015 0.60%
September 30, 2015 1.50%
June 30, 2015 2.70%
March 31, 2015 3.80%
December 31, 2014 2.30%
September 30, 2014 5.00%
Date Value
June 30, 2014 5.50%
March 31, 2014 -1.10%
December 31, 2013 3.20%
September 30, 2013 3.20%
June 30, 2013 0.50%
March 31, 2013 3.60%
December 31, 2012 0.50%
September 30, 2012 0.50%
June 30, 2012 1.70%
March 31, 2012 3.20%
December 31, 2011 4.70%
September 30, 2011 -0.10%
June 30, 2011 2.90%
March 31, 2011 -1.00%
December 31, 2010 2.00%
September 30, 2010 3.00%
June 30, 2010 3.70%
March 31, 2010 1.50%
December 31, 2009 4.50%
September 30, 2009 1.50%
June 30, 2009 -0.60%
March 31, 2009 -4.40%
December 31, 2008 -8.40%
September 30, 2008 -2.10%
June 30, 2008 2.10%

Basic Info

US Real GDP Growth is measured as the year over year change in the Gross Domestic Product in the US as adjusted for inflation. Gross Domestic Product is the total value of goods produced and services provided in a the US. Real GDP Growth 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.

US Real GDP QoQ is at 33.10%, compared to -31.40% last quarter and 2.60% last year. This is higher than the long term average of 3.16%.

Stats

Last Value 33.10%
Latest Period Sep 2020
Last Updated Oct 29 2020, 08:37 EDT
Next Release Dec 22 2020, 08:30 EST
Long Term Average 3.16%
Average Growth Rate -89.83%
Value from 1 Year Ago 2.60%
Change from 1 Year Ago 1.17K%
Frequency Quarterly
Unit Percent
Adjustment Seasonally Adjusted Annual Rate
Download Source File Download