Gross Domestic Product: All Industry Total in Florida
Quarterly, Seasonally Adjusted Annual Rate
FLNQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,761,503.40
Year-over-Year Change
25.82%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate measures the total value of final goods and services produced in the United States on an annualized basis. It is a key indicator of economic 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 is a widely-used measure of the nation's overall economic output. It provides a comprehensive snapshot of the U.S. economy and is closely monitored by policymakers, analysts, and investors.
Methodology
The data is collected through surveys of businesses and households and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This economic indicator helps inform monetary and fiscal policy decisions.
Key Facts
- The U.S. GDP grew at an annualized rate of 2.9% in Q4 2022.
- GDP is the broadest measure of a country's economic activity.
- Quarterly GDP data is released by the Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate measures the total value of final goods and services produced in the United States on an annualized basis.
Q: Why is this trend relevant for users or analysts?
A: This key economic indicator provides a comprehensive snapshot of the overall health and growth of the U.S. economy, which is essential information for policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Quarterly GDP data is closely monitored by the Federal Reserve and other policymakers to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted Annual Rate is released by the Bureau of Economic Analysis on a quarterly basis, with a short lag period.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (FLNQGSP), retrieved from FRED.