Nonfinancial Corporate Business; Gross Value Added, Transactions
Annual
NCBGVAA027N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,961,162.00
Year-over-Year Change
84.46%
Date Range
1/1/1946 - 1/1/2024
Summary
The Annual Gross Value Added (GVA) by Industry measures the total value of goods and services produced in the U.S. economy, providing a comprehensive view of economic activity 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
GVA is a key economic indicator that captures the contribution of various industries to the overall GDP. It is used by policymakers, analysts, and researchers to assess the health and structure of the U.S. economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) based on surveys and administrative records.
Historical Context
GVA data helps inform economic and policy decisions, as well as market analysis and investment strategies.
Key Facts
- GVA captures the value of goods and services produced across all industries in the U.S.
- The data is released annually by the BEA, with a lag of several months.
- GVA is a comprehensive measure of economic performance, complementing GDP.
FAQs
Q: What does this economic trend measure?
A: The Annual Gross Value Added (GVA) by Industry measures the total value of goods and services produced across all industries in the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: GVA data provides a comprehensive view of economic activity and performance, helping policymakers, analysts, and researchers assess the health and structure of the U.S. economy.
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 surveys and administrative records.
Q: How is this trend used in economic policy?
A: GVA data helps inform economic and policy decisions, as well as market analysis and investment strategies.
Q: Are there update delays or limitations?
A: The data is released annually by the BEA, with a lag of several months.
Related Trends
Nonfinancial Noncorporate Business; Net Lending (+) or Borrowing (-) (Financial Account), Transactions
NNBLAFQ027S
Nonfinancial Business; Inventories, Transactions
NBINVEQ027S
Domestic Financial Sectors; Gross Fixed Investment, Nonresidential Structures, Equipment, and Intellectual Property Products, Transactions
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All Domestic Sectors; Net Lending (+) or Borrowing (-) (Financial Account), Transactions
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Households and Nonprofit Organizations; Net Saving Including Net Capital Transfers Paid Excluding Consumer Durables and Government Insurance and Pension Fund Reserves, Transactions
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Rest of the World; Net Lending (+) or Borrowing (-) (Capital Account), Transactions
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Citation
U.S. Federal Reserve, Annual Gross Value Added by Industry (NCBGVAA027N), retrieved from FRED.