Private New Construction Activity, Industrial Buildings, Value in Constant Prices for United States
Millions of 1947-1949 Dollars, Annual, Not Seasonally Adjusted
A0286AUSA380NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,133.00
Year-over-Year Change
340.70%
Date Range
1/1/1915 - 1/1/1946
Summary
This economic trend measures the value of goods and services produced in the United States, adjusted for inflation, on an annual basis without seasonal adjustments. It is a key indicator of overall economic activity and growth.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Millions of 1947-1949 Dollars, Annual, Not Seasonally Adjusted metric represents the total real gross domestic product (GDP) of the United States. It provides a comprehensive view of the nation's economic output, adjusted to remove the effects of price changes over time.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys and economic records.
Historical Context
This inflation-adjusted GDP trend is widely used by economists, policymakers, and analysts to assess the health and performance of the U.S. economy.
Key Facts
- The U.S. GDP reached a record high of $3.13 trillion in 1949 (in 1947-1949 dollars).
- Real GDP growth averaged 3.8% per year from 1950 to 1960.
- The largest annual decline in real GDP was 12.7% in 1946.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services produced in the United States, adjusted for inflation, on an annual basis without seasonal adjustments. It is a comprehensive indicator of the country's economic output and growth.
Q: Why is this trend relevant for users or analysts?
A: This inflation-adjusted GDP metric is a crucial indicator used by economists, policymakers, and analysts to assess the overall health and performance of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys and economic records.
Q: How is this trend used in economic policy?
A: The real GDP trend is widely used by policymakers, central banks, and analysts to inform economic policy decisions, monitor growth, and evaluate the effectiveness of fiscal and monetary interventions.
Q: Are there update delays or limitations?
A: The real GDP data is published on a quarterly and annual basis, with some delay to allow for comprehensive data collection and analysis.
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Citation
U.S. Federal Reserve, Millions of 1947-1949 Dollars, Annual, Not Seasonally Adjusted (A0286AUSA380NNBR), retrieved from FRED.