Quarterly
LFEAICTTG7Q647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75,086,000.00
Year-over-Year Change
1.78%
Date Range
1/1/2000 - 4/1/2017
Summary
The Quarterly trend measures the income-based gross domestic product (GDP) of the United States on a quarterly basis. It is a key economic indicator used by policymakers and analysts to assess the overall health and growth 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 trend represents the total value of all goods and services produced within the United States during a specific three-month period. It provides a comprehensive view of economic activity and is a widely-referenced metric for gauging the nation's economic performance.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys, tax records, and other economic data sources.
Historical Context
Quarterly GDP figures are closely monitored by the Federal Reserve, government agencies, and financial markets to inform economic policy decisions and investment strategies.
Key Facts
- The U.S. economy grew at an annualized rate of 2.9% in the fourth quarter of 2022.
- Quarterly GDP is released by the Bureau of Economic Analysis approximately one month after the end of each quarter.
- Real GDP, adjusted for inflation, is a more accurate indicator of economic growth than nominal GDP.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the total value of all goods and services produced within the United States during a specific three-month period, known as the gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: Quarterly GDP is a key economic indicator used by policymakers, businesses, and investors to assess the overall health and growth of the U.S. economy. It helps inform decision-making and policy actions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys, tax records, and other economic data sources.
Q: How is this trend used in economic policy?
A: Quarterly GDP figures are closely monitored by the Federal Reserve, government agencies, and financial markets to inform economic policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: Quarterly GDP data is released by the Bureau of Economic Analysis approximately one month after the end of each quarter, so there is a short delay in the availability of the most recent figures.
Related Trends
Balance of Payments: Capital Account: Balance (Revenue Minus Expenditure) for G7
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Balance of Payments: Current Account: Revenue for G7
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Infra-Annual Labor Statistics: Monthly Unemployment Female: 15 Years or over for G7
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for G7
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Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for G7
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Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: 15 Years or over for G7
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Citation
U.S. Federal Reserve, Quarterly (LFEAICTTG7Q647N), retrieved from FRED.