Gross Domestic Product: All Industry Total in Colorado
Quarterly, Seasonally Adjusted Annual Rate
CONQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
569,161.10
Year-over-Year Change
18.47%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate (CONQGSP) measures the total value of all final goods and services produced in the U.S. economy on a quarterly basis. It is a key indicator of overall economic health 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 Quarterly, Seasonally Adjusted Annual Rate (CONQGSP) is the broadest measure of U.S. economic output, representing the total market value of all final goods and services produced. It is a widely-used metric that economists and policymakers rely on to assess the performance and trajectory of the national economy.
Methodology
The CONQGSP data is calculated by the U.S. Bureau of Economic Analysis using a variety of government surveys and economic indicators.
Historical Context
Trends in CONQGSP are closely monitored by the Federal Reserve, Congress, and private sector analysts to inform economic and monetary policy decisions.
Key Facts
- CONQGSP represents the total dollar value of all goods and services produced in the U.S. in a given quarter.
- It is reported as an annualized rate, adjusting for seasonal variations.
- CONQGSP is a primary indicator used to assess the overall health of the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate (CONQGSP) measures the total value of all final goods and services produced in the U.S. economy on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: CONQGSP is a widely-used metric that economists and policymakers rely on to assess the performance and trajectory of the national economy.
Q: How is this data collected or calculated?
A: The CONQGSP data is calculated by the U.S. Bureau of Economic Analysis using a variety of government surveys and economic indicators.
Q: How is this trend used in economic policy?
A: Trends in CONQGSP are closely monitored by the Federal Reserve, Congress, and private sector analysts to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The CONQGSP data is reported on a quarterly basis with a short publication delay.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (CONQGSP), retrieved from FRED.