National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for United States
USAGDPRQPSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.99
Year-over-Year Change
-50.39%
Date Range
1/1/1948 - 1/1/2025
Summary
This economic trend measures the total real Gross Domestic Product (GDP) for the United States, which is a key indicator of overall economic activity 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
GDP by expenditure is a measure of economic output that captures the total value of all final goods and services produced within a country's borders over a given period. It is a widely used metric for assessing the health and performance of a national economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys, administrative records, and other sources.
Historical Context
Policymakers and analysts closely monitor GDP trends to inform decisions about monetary, fiscal, and other economic policies.
Key Facts
- GDP is the broadest measure of economic activity.
- The U.S. is the world's largest economy by GDP.
- GDP growth is a key target for economic policymakers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total real Gross Domestic Product (GDP) for the United States, which is the most comprehensive indicator of the nation's overall economic output and activity.
Q: Why is this trend relevant for users or analysts?
A: GDP is a crucial metric for assessing the health and performance of the U.S. economy, and it is closely monitored by policymakers, investors, and economists to inform decisions about economic policies and strategies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys, administrative records, and other sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use GDP trends to inform decisions about monetary, fiscal, and other economic policies aimed at promoting economic growth and stability.
Q: Are there update delays or limitations?
A: There may be a delay of several weeks or months between the end of the reporting period and the release of GDP data, and the data may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for United States (USAGDPRQPSMEI), retrieved from FRED.