Chain-Type Quantity Index for Real GDP: All Industry Total in the District of Columbia
Annual, Not Seasonally Adjusted
DCQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.22
Year-over-Year Change
19.79%
Date Range
1/1/1997 - 1/1/2024
Summary
This trend measures the annual, not seasonally adjusted Gross Domestic Product (GDP) of the United States. GDP is a key indicator of economic health and is closely tracked by policymakers, analysts, and economists.
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, not seasonally adjusted GDP captures the total value of all goods and services produced within the U.S. over a 12-month period. This metric provides a broad overview of economic performance and is used to assess long-term growth trends.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
GDP figures are integral to economic policy decisions and market analysis.
Key Facts
- GDP grew 5.7% in 2021.
- The U.S. GDP reached $23 trillion in 2021.
- GDP is the broadest measure of economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted Gross Domestic Product (GDP) of the United States, which captures the total value of all goods and services produced within the country over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: GDP is a key indicator of economic health and performance, and is closely tracked by policymakers, analysts, and economists to assess long-term growth trends and inform economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: GDP figures are integral to economic policy decisions and market analysis, as they provide a broad overview of a country's economic performance and can inform policy actions.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted GDP data is typically published with a lag of several months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (DCQGSP), retrieved from FRED.