Monthly
CPGDFD01RUM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.66
Year-over-Year Change
16.46%
Date Range
1/1/1992 - 11/1/2015
Summary
This trend measures the monthly total of U.S. Gross Domestic Product (GDP) in constant dollars, providing a key economic indicator for policymakers and analysts.
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 Monthly Gross Domestic Product (GDP) in Constant Dollars trend tracks the total inflation-adjusted value of all goods and services produced in the U.S. economy on a monthly basis. It offers a timely measure of economic output and growth.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using a variety of sources including business surveys and government records.
Historical Context
Economists and policymakers closely monitor this trend to assess the overall health and trajectory of the U.S. economy.
Key Facts
- GDP is the broadest measure of economic activity.
- This series is adjusted for inflation to show real economic growth.
- Monthly GDP data provides a more timely picture than quarterly reports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of all goods and services produced in the U.S. economy on a monthly basis, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: Monthly GDP is a key indicator of economic performance and growth, providing policymakers and analysts with a timely view of the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using a variety of economic data sources and statistical methods.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor monthly GDP to assess the current state of the economy and inform decisions around fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The monthly GDP data is released with a 2-month lag, providing a more timely indicator than the quarterly GDP reports.
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Citation
U.S. Federal Reserve, Monthly Gross Domestic Product (CPGDFD01RUM661N), retrieved from FRED.