Government saving: Other (excluding social insurance funds)
Annual, Not Seasonally Adjusted
A391RC1A027NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1,215.67
Year-over-Year Change
13.44%
Date Range
1/1/1929 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted gross domestic product (GDP) of the United States. It 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
The annual, not seasonally adjusted GDP represents the total market value of all final goods and services produced within the U.S. over a 12-month period. It is a widely followed metric used by economists, policymakers, and analysts to assess the health and trajectory of the national economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on comprehensive economic surveys and administrative records.
Historical Context
The annual GDP trend is closely monitored for insights into economic conditions, fiscal and monetary policy decisions, and market performance.
Key Facts
- GDP accounts for over 75% of U.S. economic activity.
- The U.S. GDP reached a record high of $23.9 trillion in 2021.
- Real GDP growth averaged 2.3% annually from 2010-2019.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted gross domestic product (GDP) of the United States, which represents the total market value of all final goods and services produced within the country over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted GDP is a widely followed metric used by economists, policymakers, and analysts to assess the overall health and trajectory of the national economy. It provides insights into economic conditions, guides fiscal and monetary policy decisions, and informs market performance.
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 comprehensive economic surveys and administrative records.
Q: How is this trend used in economic policy?
A: The annual GDP trend is closely monitored by policymakers, central banks, and other institutions to inform decisions on fiscal, monetary, and regulatory policies aimed at promoting economic growth and stability.
Q: Are there update delays or limitations?
A: The annual GDP data is typically released by the Bureau of Economic Analysis with a lag of several months, as it requires extensive data collection and analysis. There may also be revisions to the data as more information becomes available.
Related Trends
Intermediate Inputs by Industry: Government: State and Local (Chain-Type Quantity Index)
IIQIPSL
Intermediate Inputs by Industry: Government: State and Local
IISL
Contribution to Percent Change in Real Government Consumption Expenditures and Gross Investment: Gross Investment: Intellectual Property Products
Y055RZ2Q224SBEA
Federal government current tax receipts: Taxes from the rest of the world
W008RC1Q027SBEA
State Government Tax Collections, Alcoholic Beverages - Selective Sales Taxes in the United States
USALCOTAX
State Government Tax Collections, Corporation Net Income Taxes in the United States
USCORPINCTX
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (A391RC1A027NBEA), retrieved from FRED.