Percent of GDP, Annual, Not Seasonally Adjusted
BPBLTT01DKA188S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.02
Year-over-Year Change
185.37%
Date Range
1/1/1995 - 1/1/2013
Summary
This economic trend measures the annual, not seasonally adjusted percent of GDP for the United States. It provides important insights into the relative size and composition of the country's economic output.
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 Percent of GDP metric offers a comprehensive view of the U.S. economy, tracking the relative contribution of various components to the nation's total economic production. Economists and policymakers closely monitor this data to assess economic performance and make informed decisions.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This economic indicator is widely used to inform fiscal and monetary policy decisions.
Key Facts
- The U.S. GDP reached $23.9 trillion in 2021.
- Consumer spending accounts for over two-thirds of GDP.
- The U.S. economy grew by 6.9% in 2021.
FAQs
Q: What does this economic trend measure?
A: The Percent of GDP metric tracks the annual, not seasonally adjusted contribution of various components to the United States' total economic output.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into the composition and performance of the U.S. economy, which is crucial for economic analysis, policymaking, and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: The Percent of GDP metric is widely used by economists, policymakers, and market analysts to inform fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be revisions to historical figures as more complete information becomes available.
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Citation
U.S. Federal Reserve, Percent of GDP, Annual, Not Seasonally Adjusted (BPBLTT01DKA188S), retrieved from FRED.