Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Actual Rentals for Housing: Total for France
Quarterly
FRACP040100GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.30
Year-over-Year Change
604.74%
Date Range
4/1/1970 - 7/1/2023
Summary
The Quarterly Gross Domestic Product (GDP) provides a comprehensive measure of the total value of goods and services produced in the U.S. economy on a quarterly basis. It is a crucial indicator for economists and policymakers to assess economic performance and trends.
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 GDP is the broadest measure of economic activity in the United States, capturing the production of all private and public sectors. It is used to track the overall health of the economy, identify periods of growth or recession, and inform fiscal and monetary policy decisions.
Methodology
The GDP data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) based on surveys of businesses, households, and government agencies.
Historical Context
The Quarterly GDP is closely monitored by the Federal Reserve, Congress, and financial markets to gauge the strength of the U.S. economy and guide policy responses.
Key Facts
- The U.S. GDP grew by 2.9% in 2022, after increasing by 5.9% in 2021.
- The U.S. economy experienced a recession in 2020 due to the COVID-19 pandemic.
- Consumer spending accounts for over two-thirds of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Gross Domestic Product (GDP) measures the total value of goods and services produced in the United States during a given quarter.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly GDP is a crucial indicator for assessing the overall health and performance of the U.S. economy, which is essential for economic policymaking and financial decision-making.
Q: How is this data collected or calculated?
A: The GDP data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) based on surveys of businesses, households, and government agencies.
Q: How is this trend used in economic policy?
A: The Quarterly GDP is closely monitored by the Federal Reserve, Congress, and financial markets to gauge the strength of the U.S. economy and guide fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The Quarterly GDP data is released by the BEA approximately one month after the end of each quarter, with subsequent revisions over the following two months.
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Citation
U.S. Federal Reserve, Quarterly Gross Domestic Product (FRACP040100GPQ), retrieved from FRED.