Gross Domestic Product: Arts, Entertainment, and Recreation (71) in Montana
Quarterly, Seasonally Adjusted Annual Rate
MTARTENTRECNQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,065.80
Year-over-Year Change
33.78%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate (MTARTENTRECNQGSP) tracks the total value of goods and services produced in the U.S. economy on an annualized basis, providing a key measure of overall economic activity.
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 (MTARTENTRECNQGSP) is a measure of gross domestic product (GDP) that takes the quarterly GDP figure and expresses it as an annualized rate, adjusting for seasonal variations. This metric is widely used by economists and policymakers to analyze the health and trajectory of the U.S. economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This GDP measure is a critical input for federal reserve monetary policy decisions and market analysis of economic conditions.
Key Facts
- The U.S. GDP grew at an annualized rate of 2.9% in Q4 2022.
- GDP is the broadest measure of overall economic activity.
- The GDP growth rate is a key indicator used by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate (MTARTENTRECNQGSP) measures the total value of goods and services produced in the U.S. economy on an annualized basis, adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This GDP growth metric is a critical indicator of the overall health and trajectory of the U.S. economy, informing economic policy decisions and market analysis.
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: The GDP growth rate is a key input for Federal Reserve monetary policy decisions and is closely watched by economists, investors, and policymakers.
Q: Are there update delays or limitations?
A: The quarterly GDP data is released with a short delay, typically within a month after the end of the quarter.
Related Trends
Chain-Type Quantity Index for Real GDP: Electrical Equipment, Appliance, and Component Manufacturing (335) in Montana
MTELCEQAPMANQGSP
Coefficient for Industrial Carbon Dioxide Emissions, Asphalt and Road Oil for Montana
EMISSCO2CARICBMTA
Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Motor Vehicles and Parts for Montana
MTPCEPCVEH
Chain-Type Quantity Index for Real GDP: Durable Goods Manufacturing (321, 327-339) in Montana
MTDURMANQGSP
Housing Inventory: Active Listing Count in Montana
ACTLISCOUMT
Real Gross Domestic Product: Performing Arts, Spectator Sports, Museums, and Related Activities (711-712) in Montana
MTPRFRMSPRTMSMRGSP
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (MTARTENTRECNQGSP), retrieved from FRED.