Gross Domestic Product: Manufacturing (31-33) in Delaware
Quarterly, Seasonally Adjusted Annual Rate
DEMANNQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,530.70
Year-over-Year Change
19.49%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate (SAAR) measures the annualized change in real gross domestic product (GDP) from one quarter to the next. It is a key indicator of overall economic growth and a critical input for economic analysis and policymaking.
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 Quarterly, Seasonally Adjusted Annual Rate (SAAR) is a statistical measurement that converts a quarterly GDP growth rate into an annualized rate. This allows for easier comparison of economic performance across different time periods and provides a more accurate representation of the economy's underlying trends.
Methodology
The U.S. Bureau of Economic Analysis calculates SAAR by seasonally adjusting the quarterly GDP data and then annualizing the result.
Historical Context
Policymakers and analysts closely monitor the SAAR metric to gauge the health and trajectory of the U.S. economy.
Key Facts
- Quarterly GDP growth is annualized to project a full-year growth rate.
- SAAR adjusts for seasonal variations in economic activity.
- It is a widely tracked metric for assessing the overall strength of the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate (SAAR) measures the annualized change in real gross domestic product (GDP) from one quarter to the next.
Q: Why is this trend relevant for users or analysts?
A: SAAR is a critical indicator of overall economic growth and a key input for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Economic Analysis calculates SAAR by seasonally adjusting the quarterly GDP data and then annualizing the result.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the SAAR metric to gauge the health and trajectory of the U.S. economy.
Q: Are there update delays or limitations?
A: The SAAR data is released on a quarterly basis, with some lag from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (DEMANNQGSP), retrieved from FRED.