Gross Domestic Product: All Industry Total in Delaware
Quarterly, Seasonally Adjusted Annual Rate
DENQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106,742.20
Year-over-Year Change
18.96%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate (DENQGSP) measures the annualized change in real gross domestic product (GDP) on a quarterly basis, providing insight into the overall health and direction 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 Quarterly, Seasonally Adjusted Annual Rate is a key economic indicator used by policymakers, analysts, and businesses to assess the pace of economic growth. It adjusts the quarterly GDP figure to an annualized rate, allowing for easier comparison across time periods.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using established national accounting standards.
Historical Context
This metric is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The U.S. economy grew at an annualized rate of 2.9% in Q4 2022.
- GDP growth is a key driver of employment, consumer spending, and business investment.
- Rapid changes in the quarterly, seasonally adjusted GDP rate can signal economic expansion or contraction.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate (DENQGSP) measures the annualized change in real gross domestic product (GDP) on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a timely and comprehensive view of overall economic performance, which is crucial for policymakers, businesses, and investors in making informed decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using established national accounting standards.
Q: How is this trend used in economic policy?
A: The quarterly, seasonally adjusted GDP rate is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a delay of approximately one month after the end of the reference quarter.
Related Trends
Chain-Type Quantity Index for Real GDP: Retail Trade (44-45) in Delaware
DERETAILQQGSP
Chain-Type Quantity Index for Real GDP: Manufacturing (31-33) in Delaware
DEMANQGSP
Dividends, Interest and Rent in Delaware
DEODIV
Average Duration (in Quarters) from Business Application to Formation Within Eight Quarters: Total for All NAICS in Delaware
BFDUR8QTOTALNSADE
Chain-Type Quantity Index for Real GDP: Nonmetallic Mineral Product Manufacturing (327) in Delaware
DENMMPMANQGSP
Chain-Type Quantity Index for Real GDP: Professional, Scientific, and Technical Services (54) in Delaware
DEPROSCITCHQGSP
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (DENQGSP), retrieved from FRED.