Consumer Price Index: Total All Goods Less Food for the Russian Federation
Annual
CPGDLF01RUA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
124.27
Year-over-Year Change
122.88%
Date Range
1/1/1992 - 1/1/2014
Summary
The Annual trend measures the annual rate of change in gross domestic product (GDP) for the United States. This key economic indicator is closely monitored by policymakers and analysts to assess the overall health and growth of the U.S. economy.
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 Annual trend represents the year-over-year percentage change in real GDP, which is the broadest measure of economic activity. It is a crucial metric for evaluating the trajectory of the U.S. economy and informing economic and policy decisions.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on comprehensive national accounts data.
Historical Context
The Annual GDP growth rate is a primary input for monetary and fiscal policy decisions made by the Federal Reserve and U.S. government.
Key Facts
- The U.S. economy grew by 5.7% in 2021.
- Quarterly GDP growth averaged 2.3% in 2022.
- The record high annual GDP growth rate was 13.4% in 1950.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year percentage change in real gross domestic product (GDP) for the United States.
Q: Why is this trend relevant for users or analysts?
A: The Annual GDP growth rate is a crucial indicator of the overall health and performance of the U.S. economy, and it is closely monitored by policymakers, investors, and economists.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on comprehensive national accounts data.
Q: How is this trend used in economic policy?
A: The Annual GDP growth rate is a primary input for monetary and fiscal policy decisions made by the Federal Reserve and U.S. government.
Q: Are there update delays or limitations?
A: The Annual GDP data is subject to revisions and updates by the Bureau of Economic Analysis, with some delays due to the comprehensive nature of the national accounts data.
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Citation
U.S. Federal Reserve, Annual (CPGDLF01RUA661N), retrieved from FRED.