Gross Domestic Product: Wholesale Trade (42) in Maryland
Quarterly, Seasonally Adjusted Annual Rate
MDWHOLENQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23,941.00
Year-over-Year Change
12.14%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate (MDWHOLENQGSP) measures the total value of goods and services produced by the U.S. economy in a given quarter, expressed as an annualized rate. It is a key indicator of overall economic health and a focus for policymakers.
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, Seasonally Adjusted Annual Rate (MDWHOLENQGSP) represents the total output of the U.S. economy, adjusted for seasonal variations and expressed as an annualized rate. It is a widely tracked metric that provides insight into the pace and trajectory of economic growth.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and market analysts closely monitor this trend to assess the strength of the U.S. economy and inform economic decision-making.
Key Facts
- The MDWHOLENQGSP represents the total dollar value of all goods and services produced in the U.S.
- It is reported quarterly and expressed as an annualized rate.
- The metric is adjusted for seasonal variations to provide a more accurate picture of economic performance.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate (MDWHOLENQGSP) measures the total value of goods and services produced by the U.S. economy in a given quarter, expressed as an annualized rate.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of overall economic health and a focus for policymakers and market analysts as they assess the strength and trajectory of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this trend to inform economic decision-making and assess the performance of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is reported quarterly and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (MDWHOLENQGSP), retrieved from FRED.