Real Gross Domestic Product: Information (51) in Idaho
Quarterly, Seasonally Adjusted Annual Rate
IDINFORQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,061.60
Year-over-Year Change
20.85%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate (IDINFORQGSP) measures the annualized growth rate of U.S. gross domestic product (GDP) on a quarterly basis, with seasonal adjustments.
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
This economic indicator provides a gauge of the overall health and momentum of the U.S. economy. It is closely watched by policymakers, analysts, and investors to assess economic performance and inform decision-making.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on comprehensive economic surveys and data sources.
Historical Context
The quarterly GDP growth rate is a key metric used to evaluate the effectiveness of fiscal and monetary policies.
Key Facts
- The U.S. economy grew at an annualized rate of 2.9% in Q4 2022.
- GDP growth is a primary indicator of economic health and prosperity.
- Quarterly GDP data is released by the BEA 4 times per year.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate (IDINFORQGSP) measures the annualized growth rate of the U.S. gross domestic product (GDP) on a quarterly basis, with adjustments for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: The quarterly GDP growth rate is a key indicator of the overall health and momentum of the U.S. economy, and is closely watched by policymakers, economists, and investors to inform economic decisions and assessments.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on comprehensive economic surveys and data sources.
Q: How is this trend used in economic policy?
A: The quarterly GDP growth rate is a primary metric used by policymakers, such as the Federal Reserve, to evaluate the effectiveness of fiscal and monetary policies and guide economic decision-making.
Q: Are there update delays or limitations?
A: The quarterly GDP data is released by the BEA 4 times per year, with a delay of several weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (IDINFORQGSP), retrieved from FRED.