Gross Domestic Product: Mining, Quarrying, and Oil and Gas Extraction (21) in Iowa
Quarterly, Seasonally Adjusted Annual Rate
IAMINNQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
551.30
Year-over-Year Change
3.55%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate (IAMINNQGSP) measures the inflation-adjusted, annualized change in U.S. gross private domestic investment. This metric provides insight into overall business investment and 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 tracks changes in private domestic investment, including spending on business equipment, software, structures, and inventories. It is a key indicator of economic activity and business confidence.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using seasonally adjusted quarterly GDP figures.
Historical Context
Economists and policymakers closely monitor this investment trend to assess the health of the broader economy and inform fiscal and monetary policy decisions.
Key Facts
- Private domestic investment accounts for around 17% of U.S. GDP.
- Investment in equipment and software makes up the largest share at 55%.
- The series has exhibited volatility, reflecting economic conditions.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate (IAMINNQGSP) measures the inflation-adjusted, annualized change in U.S. gross private domestic investment.
Q: Why is this trend relevant for users or analysts?
A: Private domestic investment is a key indicator of economic activity, as it reflects business confidence and spending on equipment, software, structures, and inventories.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using seasonally adjusted quarterly GDP figures.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this investment trend to assess the health of the broader economy and inform fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly, with typical publication lags of several weeks.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (IAMINNQGSP), retrieved from FRED.