Percent, Annual, Not Seasonally Adjusted
LRHU24TTO1A156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.00
Year-over-Year Change
-3.70%
Date Range
1/1/2005 - 1/1/2016
Summary
This economic trend measures the percent change in real GDP on an annual, not seasonally adjusted basis. It provides insight into the overall health and growth trajectory 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 Percent, Annual, Not Seasonally Adjusted trend tracks year-over-year changes in real gross domestic product (GDP), a key measure of total economic output. Economists and policymakers closely monitor this indicator to assess the pace of economic expansion or contraction.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using established national accounts methodologies.
Historical Context
This trend offers crucial context for understanding broader economic conditions and informing monetary and fiscal policy decisions.
Key Facts
- Real GDP grew 2.1% annually in 2021.
- The U.S. economy contracted 3.4% in 2020 due to the COVID-19 pandemic.
- Percent change in real GDP is a leading indicator of economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in real gross domestic product (GDP), a comprehensive indicator of total U.S. economic output.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted change in real GDP is a key barometer of the overall health and growth trajectory of the U.S. economy, providing crucial context for economic policymaking and investment decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using established national accounts methodologies.
Q: How is this trend used in economic policy?
A: Policymakers at the Federal Reserve and other institutions closely monitor annual GDP growth to inform monetary and fiscal policy decisions aimed at promoting economic stability and prosperity.
Q: Are there update delays or limitations?
A: The GDP data is released on a quarterly basis, with an initial estimate followed by two revisions. There may be a several-week delay between the end of a quarter and the release of the GDP report.
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Citation
U.S. Federal Reserve, Percent, Annual, Not Seasonally Adjusted (LRHU24TTO1A156S), retrieved from FRED.