Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Ireland
Quarterly, Seasonally Adjusted
LFEAAGTTIEQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107,600.00
Year-over-Year Change
1.22%
Date Range
7/1/1997 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted trend measures the total output of the U.S. economy, a key indicator of economic health and performance.
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
Gross Domestic Product (GDP) is the broadest measure of economic activity, representing the total value of all goods and services produced within a country. Economists and policymakers closely monitor GDP growth as a barometer of economic conditions.
Methodology
GDP data is collected by the U.S. Bureau of Economic Analysis through surveys of businesses and households.
Historical Context
GDP figures are a crucial input for fiscal and monetary policy decisions.
Key Facts
- GDP accounts for over $23 trillion in annual U.S. economic activity.
- The U.S. GDP growth rate averaged 2.3% from 2010-2019.
- GDP is a key input for the Federal Reserve's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted trend measures the total output of goods and services produced by the U.S. economy, 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 performance, used by policymakers, businesses, and consumers to gauge the strength of the U.S. economy.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Economic Analysis collects GDP data through surveys of businesses and households, then calculates the total value of economic output.
Q: How is this trend used in economic policy?
A: GDP figures are a crucial input for the Federal Reserve's monetary policy decisions, as well as fiscal policy choices made by the U.S. government.
Q: Are there update delays or limitations?
A: Quarterly GDP data is released by the Bureau of Economic Analysis with a lag of approximately one month after the end of each quarter.
Related Trends
Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Ireland
LFEAAGTTIEQ647N
Harmonized Index of Consumer Prices: Cleaning, Repair and Hire of Clothing for Ireland
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XTEXVA01IEA659S
Number of Listed Companies for Ireland
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Infra-Annual Labor Statistics: Employment Male: 15 Years or over for Ireland
LFEMTTMAIEQ647S
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IRLCP020000IXNBQ
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFEAAGTTIEQ647S), retrieved from FRED.