Balance of Payments: Current Account: Expenditure for OECD
Not Seasonally Adjusted
OECDB6DBTT01CXCUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,640,899,000,000.00
Year-over-Year Change
14.44%
Date Range
1/1/2005 - 10/1/2024
Summary
The 'Not Seasonally Adjusted' economic trend measures changes in the gross domestic product (GDP) of the United States. It is a key indicator of overall economic activity and performance.
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 time series represents the quarter-over-quarter percent change in U.S. GDP without adjusting for seasonal variations. It provides a raw, unadjusted measure of economic growth that can be useful for analyzing underlying economic trends.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) based on comprehensive surveys and economic indicators.
Historical Context
Policymakers and analysts often reference this trend alongside seasonally adjusted GDP data to gain a more complete understanding of the economy.
Key Facts
- GDP grew 6.9% in Q4 2021 on a non-seasonally adjusted basis.
- The 'Not Seasonally Adjusted' trend exhibits more volatility than the seasonally adjusted series.
- Economists use both adjusted and unadjusted GDP data to analyze economic performance.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' trend measures the quarter-over-quarter percent change in U.S. gross domestic product (GDP) without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This raw, unadjusted GDP data can provide valuable insights into underlying economic trends that may be obscured by seasonal adjustments.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) based on comprehensive surveys and economic indicators.
Q: How is this trend used in economic policy?
A: Policymakers and analysts reference this trend alongside seasonally adjusted GDP data to gain a more complete understanding of the economy and inform decision-making.
Q: Are there update delays or limitations?
A: There may be slight delays in the release of this data, and it does not account for seasonal variations that can affect the interpretation of economic performance.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (OECDB6DBTT01CXCUQ), retrieved from FRED.