Total Credit to Non-Financial Corporations, Adjusted for Breaks, for Czech Republic
Billions of US Dollars
QCZNAMUSDA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
177.77
Year-over-Year Change
11.37%
Date Range
10/1/1995 - 10/1/2024
Summary
The 'Billions of US Dollars' economic trend measures the total value of goods and services produced in the United States, adjusting for inflation. It is a key indicator of economic growth and a widely used metric for policymakers and analysts.
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 'Billions of US Dollars' series represents the real gross domestic product (GDP) of the United States, which is the broadest measure of the nation's economic activity. It is a widely tracked indicator that provides insight into the overall health and performance of the U.S. economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using a variety of sources, including surveys and administrative records.
Historical Context
Real GDP is a critical input for fiscal and monetary policy decisions, and it is closely monitored by economists, investors, and government officials.
Key Facts
- The U.S. GDP reached a record high of $23.94 trillion in 2021.
- Real GDP grew by 6.9% in the fourth quarter of 2021.
- The COVID-19 pandemic caused a sharp economic contraction in 2020.
FAQs
Q: What does this economic trend measure?
A: The 'Billions of US Dollars' trend measures the total value of goods and services produced in the United States, adjusted for inflation. It is the broadest indicator of the country's economic activity and performance.
Q: Why is this trend relevant for users or analysts?
A: Real GDP is a critical metric for assessing the overall health and growth of the U.S. economy. It is closely monitored by policymakers, economists, and investors to inform decisions and analyze economic conditions.
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 surveys and administrative records.
Q: How is this trend used in economic policy?
A: Real GDP is a key input for fiscal and monetary policy decisions, as it provides insight into the overall performance of the U.S. economy. Policymakers use this data to evaluate economic conditions and implement appropriate policy measures.
Q: Are there update delays or limitations?
A: The 'Billions of US Dollars' data is typically released on a quarterly basis, with a lag of several weeks. There may be revisions to the data as more information becomes available.
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Citation
U.S. Federal Reserve, Billions of US Dollars (QCZNAMUSDA), retrieved from FRED.