Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Slovak Republic
Quarterly, Seasonally Adjusted
LFEAAGTTSKQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60,100.00
Year-over-Year Change
-12.01%
Date Range
1/1/1994 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the value of gross domestic product (GDP) in the United States on a quarterly basis, adjusted for seasonal variations. This key economic indicator provides insights into the overall health and growth of the U.S. economy.
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 total value of all goods and services produced within a country during a given period. Measuring GDP on a quarterly basis and adjusting for seasonal factors allows economists and policymakers to track economic performance and identify trends more accurately.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) based on various economic surveys and government records.
Historical Context
Quarterly GDP data is widely used by the Federal Reserve, government agencies, and financial analysts to inform economic policies and investment decisions.
Key Facts
- GDP grew by 2.9% in the fourth quarter of 2022.
- The U.S. economy experienced a recession in 2020 due to the COVID-19 pandemic.
- Quarterly GDP data is released approximately one month after the end of each quarter.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the total value of goods and services produced in the United States on a quarterly basis, adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: Quarterly GDP data is a key indicator of the overall health and growth of the U.S. economy, providing insights that inform economic policies, investment decisions, and market analyses.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) based on various economic surveys and government records.
Q: How is this trend used in economic policy?
A: Quarterly GDP data is widely used by the Federal Reserve, government agencies, and financial analysts to inform economic policies and investment decisions.
Q: Are there update delays or limitations?
A: Quarterly GDP data is released approximately one month after the end of each quarter, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFEAAGTTSKQ647S), retrieved from FRED.