Nominal Gross Domestic Product for France
Annual, Not Seasonally Adjusted
NGDPXDCFRA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,919,899.90
Year-over-Year Change
39.82%
Date Range
1/1/1950 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' economic trend measures the change in the Gross Domestic Product (GDP) of the United States on an annual, unadjusted basis. This metric is crucial for understanding broader economic performance and growth.
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 GDP growth rate figure represents the annual percent change in the total value of all goods and services produced within the U.S. economy. It is an important high-level indicator used by policymakers, analysts, and economists to assess macroeconomic conditions and trends.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
The GDP growth rate is a key input for a range of economic policies and market decisions.
Key Facts
- The U.S. GDP grew by 5.7% in 2021.
- GDP is the broadest measure of economic activity.
- Positive GDP growth indicates economic expansion.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual percent change in the total value of all goods and services produced within the U.S. economy, known as the Gross Domestic Product (GDP).
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a crucial high-level indicator used by policymakers, analysts, and economists to assess the overall performance and health 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: The GDP growth rate is a key input for a range of economic policies and market decisions, as it provides insights into the overall state of the U.S. economy.
Q: Are there update delays or limitations?
A: The GDP growth data is released on a quarterly basis, with some delay in reporting. There may also be revisions to historical data as more information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (NGDPXDCFRA), retrieved from FRED.