Annual
ULQBBC01FIA189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104,079,591,306.00
Year-over-Year Change
62.45%
Date Range
1/1/1975 - 1/1/2010
Summary
The Annual trend measures the year-over-year change in real gross domestic product (GDP) for the United States. It is a key indicator of overall economic growth and health.
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 Annual trend represents the annual percentage change in real GDP, which is GDP adjusted for inflation. It is widely used by economists, policymakers, and analysts to assess the trajectory of the broader economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on GDP figures.
Historical Context
The Annual trend is closely monitored for its implications on employment, consumer spending, and monetary policy.
Key Facts
- Real GDP growth was 5.7% in 2021.
- The Annual trend reached a low of -3.4% in 2020 due to the COVID-19 pandemic.
- The long-term average Annual growth rate is around 2-3% per year.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year percentage change in real gross domestic product (GDP) for the United States.
Q: Why is this trend relevant for users or analysts?
A: The Annual trend is a key indicator of overall economic growth and health, providing insight into the trajectory of the broader economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on GDP figures.
Q: How is this trend used in economic policy?
A: The Annual trend is closely monitored by economists, policymakers, and analysts for its implications on employment, consumer spending, and monetary policy decisions.
Q: Are there update delays or limitations?
A: The Annual trend data is typically published on a quarterly basis with a short delay, providing a timely assessment of economic performance.
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Citation
U.S. Federal Reserve, Annual (ULQBBC01FIA189N), retrieved from FRED.