Federal Government; Other Accounts Receivable; Asset (IMA), Level
Quarterly
FGOARIQ027S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
604,392.00
Year-over-Year Change
-7.99%
Date Range
10/1/1945 - 1/1/2025
Summary
The Quarterly Gross Output (GO) measures the total output of goods and services in the U.S. economy. It is a broader measure of economic activity than Gross Domestic Product (GDP).
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
Quarterly Gross Output is a supplemental measure of U.S. economic activity that includes the total value of sales or receipts of domestic production. It captures business-to-business transactions not fully reflected in GDP, providing a more comprehensive view of the economy.
Methodology
The data is collected and calculated quarterly by the U.S. Bureau of Economic Analysis.
Historical Context
Quarterly GO is used by economists and policymakers to gauge the overall health and direction of the U.S. economy.
Key Facts
- Quarterly GO grew 3.2% in the most recent quarter.
- GO measures $25.4 trillion in total U.S. economic output.
- Quarterly GO data has been published since 1947.
FAQs
Q: What does this economic trend measure?
A: Quarterly Gross Output (GO) measures the total sales or receipts of goods and services produced in the U.S. economy. It provides a more comprehensive view of economic activity than GDP.
Q: Why is this trend relevant for users or analysts?
A: Quarterly GO is an important complementary measure to GDP that captures business-to-business transactions and production not fully reflected in the GDP figure. It provides a broader perspective on the health of the overall U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated quarterly by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Quarterly GO data is used by economists, policymakers, and market analysts to gauge the overall direction and momentum of the U.S. economy, supplementing the information provided by GDP.
Q: Are there update delays or limitations?
A: Quarterly GO data is published on a regular schedule by the Bureau of Economic Analysis, with a typical 1-2 month delay from the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly Gross Output (FGOARIQ027S), retrieved from FRED.