Households and Nonprofit Organizations; Gross Value Added (IMA), Transactions
HNOGAVQ027S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,813,361.00
Year-over-Year Change
24.16%
Date Range
10/1/1948 - 1/1/2025
Summary
The Households and Nonprofit Organizations; Gross Value Added (IMA), Transactions series measures the total value of goods and services produced by households and nonprofit organizations in the United States. This indicator provides insight into the economic contribution of the household and non-profit sectors.
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
This data series represents the gross value added, which is the value of output less the value of intermediate consumption, for the household and nonprofit organization sectors. It is a key measure of economic activity and an important input for calculating Gross Domestic Product (GDP).
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using national accounts methodology.
Historical Context
Policymakers and economists monitor this trend to assess the overall health and productivity of the household and non-profit sectors.
Key Facts
- Households and nonprofits account for over half of U.S. GDP.
- This sector has shown steady growth over the past decade.
- The data is released quarterly by the U.S. Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services produced by households and nonprofit organizations in the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the economic contribution of the household and non-profit sectors, which are important components of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using national accounts methodology.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the overall health and productivity of the household and non-profit sectors, which are key inputs for economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the U.S. Bureau of Economic Analysis, with a typical lag of 2-3 months.
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Citation
U.S. Federal Reserve, Households and Nonprofit Organizations; Gross Value Added (IMA), Transactions (HNOGAVQ027S), retrieved from FRED.