Total Credit to Non-Financial Sector, Adjusted for Breaks, for Japan
Billions of US Dollars
QJPCAMUSDA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15,023.94
Year-over-Year Change
-24.79%
Date Range
10/1/1997 - 10/1/2024
Summary
The 'Billions of US Dollars' economic trend measures the total value of goods and services produced in the United States, a key indicator of economic growth and national prosperity.
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 trend, also known as Gross Domestic Product (GDP), is the broadest measure of economic activity and a fundamental statistic used by policymakers, analysts, and businesses to assess the health and trajectory of the U.S. economy.
Methodology
The data is calculated quarterly by the U.S. Bureau of Economic Analysis based on surveys and economic indicators.
Historical Context
GDP is closely watched by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- GDP reached a record high of $23.9 trillion in Q4 2021.
- The U.S. economy contracted by 3.4% in 2020 due to the COVID-19 pandemic.
- Consumer spending accounts for over two-thirds of GDP.
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, known as Gross Domestic Product (GDP).
Q: Why is this trend relevant for users or analysts?
A: GDP is a fundamental indicator of economic health and growth, used by policymakers, businesses, and analysts to assess the performance and direction of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated quarterly by the U.S. Bureau of Economic Analysis based on surveys and economic indicators.
Q: How is this trend used in economic policy?
A: GDP is closely watched by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions that aim to promote economic stability and growth.
Q: Are there update delays or limitations?
A: The GDP data is released on a quarterly basis, with some lag from the end of the reference period.
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Citation
U.S. Federal Reserve, Billions of US Dollars (QJPCAMUSDA), retrieved from FRED.