Annual
MATTTT03HUA189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,946,399,481,000.00
Year-over-Year Change
87.58%
Date Range
1/1/1991 - 1/1/2013
Summary
The Annual trend measures the percent change in real GDP per capita, a key indicator of economic growth and living standards in the United States.
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
Real GDP per capita is a metric that adjusts the total economic output for population size, providing a more accurate reflection of individual prosperity. This trend is closely watched by economists and policymakers to assess the broader health of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts and census population figures.
Historical Context
Trends in real GDP per capita inform fiscal and monetary policy decisions to promote stable, sustainable economic expansion.
Key Facts
- The U.S. saw a 2.1% annual increase in real GDP per capita in 2021.
- Real GDP per capita helps distinguish economic growth from population growth.
- GDP per capita is a widely used proxy for average living standards in a country.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year percent change in real GDP per capita, which reflects the growth in economic output adjusted for population size.
Q: Why is this trend relevant for users or analysts?
A: Trends in real GDP per capita are a key indicator of economic well-being and living standards, providing important context for policymakers and market 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 and census population figures.
Q: How is this trend used in economic policy?
A: Trends in real GDP per capita inform fiscal and monetary policy decisions to promote stable, sustainable economic expansion and improved living standards.
Q: Are there update delays or limitations?
A: The Annual trend is published quarterly with a lag of several months, and may be subject to revisions as more complete data becomes available.
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Citation
U.S. Federal Reserve, Annual (MATTTT03HUA189N), retrieved from FRED.