Federal Government; Other Loans and Advances; Asset, Level
Annual
FGOLAAA027N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
580,222.00
Year-over-Year Change
186.50%
Date Range
1/1/1945 - 1/1/2024
Summary
The Annual trend measures the average annual growth rate of gross output for the United States. It is a key indicator of overall economic activity and productivity.
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
Gross output is a comprehensive measure of economic activity that includes both final sales and sales to other industries. The Annual trend provides insight into the broader pace of economic expansion or contraction.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts statistics.
Historical Context
The Annual trend is closely monitored by policymakers, investors, and analysts to assess the health and direction of the U.S. economy.
Key Facts
- The U.S. Annual growth rate averaged 4.4% from 1998-2021.
- Gross output is nearly twice the size of GDP, reflecting business-to-business transactions.
- The Annual trend is a leading indicator, signaling economic expansion or contraction before GDP.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the average annual growth rate of gross output, which is a comprehensive indicator of overall economic activity in the United States.
Q: Why is this trend relevant for users or analysts?
A: The Annual trend provides valuable insight into the broader pace of economic expansion or contraction, making it a closely watched indicator by policymakers, investors, and analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national accounts statistics.
Q: How is this trend used in economic policy?
A: The Annual trend is used by policymakers, such as the Federal Reserve, to assess the health and direction of the U.S. economy, informing decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The Annual trend data is published on a regular schedule by the U.S. Bureau of Economic Analysis, with minimal update delays.
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Citation
U.S. Federal Reserve, Annual (FGOLAAA027N), retrieved from FRED.