Real Gross Domestic Product: All Industry Total in Oregon
Quarterly, Seasonally Adjusted Annual Rate
ORRQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
266,143.60
Year-over-Year Change
3.95%
Date Range
1/1/2005 - 1/1/2025
Summary
This series measures the quarterly, seasonally adjusted annual rate of real gross state product (GSP) in the United States. GSP is a key indicator of economic growth and performance at the state level.
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 of real GSP tracks the total value of all goods and services produced within a state's economy, adjusted for inflation and seasonal variations. This metric is widely used by economists and policymakers to analyze state-level economic trends and compare performance across regions.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using a variety of sources including business surveys and government statistics.
Historical Context
Quarterly GSP data informs economic and policy decisions at the state and federal levels.
Key Facts
- Real GSP measures the total value of all goods and services produced in a state, adjusted for inflation.
- Quarterly GSP data is reported at an annualized rate to account for seasonal variations.
- GSP is a key metric for analyzing state-level economic performance and trends.
FAQs
Q: What does this economic trend measure?
A: This series measures the quarterly, seasonally adjusted annual rate of real gross state product (GSP) in the United States. GSP represents the total value of all goods and services produced within a state's economy.
Q: Why is this trend relevant for users or analysts?
A: Quarterly GSP data is a widely used indicator of state-level economic growth and performance. It informs policy decisions and allows for comparative analysis across different regions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using a variety of sources including business surveys and government statistics.
Q: How is this trend used in economic policy?
A: Quarterly GSP data is used by economists, policymakers, and institutions to analyze state-level economic trends and inform policy decisions at both the state and federal levels.
Q: Are there update delays or limitations?
A: The quarterly GSP data is subject to updates and revisions by the Bureau of Economic Analysis, which may result in short-term delays or changes to previously reported figures.
Related Trends
Real Gross Domestic Product: Transportation and Warehousing (48-49) in Oregon
ORTRANSWARERGSP
Gross Domestic Product: Other Transportation and Support Activities (487-488, 492) in Oregon
OROTHTRANNGSP
All Employees: Government: Local Government in Oregon
SMU41000009093000001
State Government Tax Collections, Insurance Premiums - Selective Sales Taxes in Oregon
ORINSURTAX
Average Weekly Earnings of All Employees: Total Private in Oregon
SMU41000000500000011
Exports of Goods for Oregon
EXPTOTOR
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (ORRQGSP), retrieved from FRED.