Quarterly, Seasonally Adjusted Annual Rate
This dataset tracks quarterly, seasonally adjusted annual rate over time.
Latest Value
19889.50
Year-over-Year Change
30.76%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate (SCCONSTNQGSP) measures the total value of goods and services produced in the U.S. economy on an annualized basis. It is a key indicator of overall economic health 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
The Quarterly, Seasonally Adjusted Annual Rate (SCCONSTNQGSP) is a metric that converts the quarterly Gross Domestic Product (GDP) into an annualized rate. This allows for easier comparison of economic performance over time and across different economies.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on surveys and estimates of economic activity.
Historical Context
Policymakers and analysts closely monitor this metric to assess the strength and trajectory of the U.S. economy.
Key Facts
- The U.S. economy grew at an annualized rate of 2.9% in Q4 2022.
- Quarterly GDP data is released by the BEA approximately one month after the end of each quarter.
- The annualized GDP rate can fluctuate significantly quarter-to-quarter.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate (SCCONSTNQGSP) measures the total value of goods and services produced in the U.S. economy on an annualized basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of overall economic health and growth, allowing for easier comparison of economic performance over time and across different economies.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on surveys and estimates of economic activity.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this metric to assess the strength and trajectory of the U.S. economy, informing decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: Quarterly GDP data is released by the BEA approximately one month after the end of each quarter, and the annualized GDP rate can fluctuate significantly quarter-to-quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (SCCONSTNQGSP), retrieved from FRED.