Level Chart

Basic Info

US GDP or Gross Domestic Product is the total value of goods produced and services provided in the US. It is a vital indicator to analyze the health of the US economy. The metric is calculated as the sum of Private Consumption, Gross Investment, Government Spending and Net Exports. Two quarters of consecutive negative real GDP growth 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 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 is at a current level of 23.19T, up from 22.74T last quarter and up from 21.14T one year ago. This is a change of 1.96% from last quarter and 9.69% from one year ago.

Stats

Last Value 23.19T
Latest Period Sep 2021
Last Updated Nov 24 2021, 08:31 EST
Next Release Dec 22 2021, 08:30 EST (R)
Average Growth Rate 6.20%
Value from Last Quarter 22.74T
Change from Last Quarter 1.96%
Value from 1 Year Ago 21.14T
Change from 1 Year Ago 9.69%
Frequency Quarterly
Unit USD
Adjustment Seasonally Adjusted Annual Rate
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Historical Data

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Date Value
September 30, 2021 23.19T
June 30, 2021 22.74T
March 31, 2021 22.04T
December 31, 2020 21.48T
September 30, 2020 21.14T
June 30, 2020 19.48T
March 31, 2020 21.48T
December 31, 2019 21.69T
September 30, 2019 21.51T
June 30, 2019 21.29T
March 31, 2019 21.00T
December 31, 2018 20.81T
September 30, 2018 20.66T
June 30, 2018 20.49T
March 31, 2018 20.14T
December 31, 2017 19.88T
September 30, 2017 19.56T
June 30, 2017 19.32T
March 31, 2017 19.15T
December 31, 2016 18.97T
September 30, 2016 18.78T
June 30, 2016 18.61T
March 31, 2016 18.43T
December 31, 2015 18.33T
September 30, 2015 18.31T
Date Value
June 30, 2015 18.19T
March 31, 2015 18.00T
December 31, 2014 17.85T
September 30, 2014 17.72T
June 30, 2014 17.43T
March 31, 2014 17.10T
December 31, 2013 17.08T
September 30, 2013 16.85T
June 30, 2013 16.64T
March 31, 2013 16.57T
December 31, 2012 16.36T
September 30, 2012 16.26T
June 30, 2012 16.15T
March 31, 2012 16.02T
December 31, 2011 15.80T
September 30, 2011 15.59T
June 30, 2011 15.50T
March 31, 2011 15.29T
December 31, 2010 15.24T
September 30, 2010 15.08T
June 30, 2010 14.93T
March 31, 2010 14.72T
December 31, 2009 14.63T
September 30, 2009 14.42T
June 30, 2009 14.35T

Basic Info

US GDP or Gross Domestic Product is the total value of goods produced and services provided in the US. It is a vital indicator to analyze the health of the US economy. The metric is calculated as the sum of Private Consumption, Gross Investment, Government Spending and Net Exports. Two quarters of consecutive negative real GDP growth 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 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 is at a current level of 23.19T, up from 22.74T last quarter and up from 21.14T one year ago. This is a change of 1.96% from last quarter and 9.69% from one year ago.

Stats

Last Value 23.19T
Latest Period Sep 2021
Last Updated Nov 24 2021, 08:31 EST
Next Release Dec 22 2021, 08:30 EST (R)
Average Growth Rate 6.20%
Value from Last Quarter 22.74T
Change from Last Quarter 1.96%
Value from 1 Year Ago 21.14T
Change from 1 Year Ago 9.69%
Frequency Quarterly
Unit USD
Adjustment Seasonally Adjusted Annual Rate
Download Source File Download