Gross Domestic Product: All Industry Total in Montana
Quarterly, Seasonally Adjusted Annual Rate
MTNQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
77,189.30
Year-over-Year Change
14.02%
Date Range
1/1/2005 - 1/1/2025
Summary
The 'Quarterly, Seasonally Adjusted Annual Rate' measures the annualized change in real gross state product (GSP) at the national level on a quarterly basis. This key economic indicator tracks 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
This quarterly series from the U.S. Bureau of Economic Analysis (BEA) provides a comprehensive measure of economic output across all 50 states and the District of Columbia. The seasonally adjusted annual rate is used to account for regular variations in economic activity throughout the year.
Methodology
The BEA calculates this metric using data on production, income, and spending across multiple economic sectors.
Historical Context
Policymakers and analysts monitor this trend to gauge the nation's economic performance and inform decisions related to fiscal and monetary policy.
Key Facts
- The annualized real GSP growth rate was 6.9% in Q4 2021.
- This metric is released quarterly, approximately 2 months after the end of each quarter.
- Real GSP captures the inflation-adjusted value of all goods and services produced within the U.S.
FAQs
Q: What does this economic trend measure?
A: The 'Quarterly, Seasonally Adjusted Annual Rate' measures the annualized change in real gross state product (GSP) at the national level on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This key economic indicator provides insight into the overall health and growth of the U.S. economy, helping policymakers and analysts assess performance and inform decisions.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Economic Analysis calculates this metric using data on production, income, and spending across multiple economic sectors.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to gauge the nation's economic performance and inform decisions related to fiscal and monetary policy.
Q: Are there update delays or limitations?
A: This metric is released quarterly, approximately 2 months after the end of each quarter.
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Citation
U.S. Bureau of Economic Analysis, Quarterly, Seasonally Adjusted Annual Rate (MTNQGSP), retrieved from FRED.