National Accounts: GDP by Expenditure: Current Prices: Gross Domestic Product: Total for Austria
Quarterly
AUTGDPNQDSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119,397,589,240.00
Year-over-Year Change
21.84%
Date Range
1/1/1995 - 7/1/2023
Summary
The Quarterly Gross Domestic Product (GDP) Annualized measures the total economic output of the United States on a quarterly basis, adjusted for seasonal variations and inflation.
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
This key economic indicator provides a comprehensive measure of economic activity and is widely used by policymakers, economists, and financial analysts to assess the overall health and performance of the U.S. economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA).
Historical Context
The Quarterly GDP Annualized is a vital input for monetary and fiscal policy decisions.
Key Facts
- Quarterly GDP is reported at an annualized rate.
- The GDP report is released about a month after each quarter ends.
- Positive GDP growth generally indicates an expanding economy.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Gross Domestic Product (GDP) Annualized measures the total value of all goods and services produced in the United States on a quarterly basis, adjusted for seasonal variations and inflation.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly GDP Annualized is a widely watched indicator of overall economic health and performance, providing key insights for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA).
Q: How is this trend used in economic policy?
A: The Quarterly GDP Annualized is a vital input for monetary and fiscal policy decisions, as it helps the Federal Reserve and policymakers assess the state of the economy and make informed policy choices.
Q: Are there update delays or limitations?
A: The Quarterly GDP Annualized report is released about a month after each quarter ends, providing timely but not real-time data on the U.S. economy.
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Citation
U.S. Federal Reserve, Quarterly Gross Domestic Product (GDP) Annualized (AUTGDPNQDSMEI), retrieved from FRED.