Annual
L318401A027NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.70
Year-over-Year Change
40.00%
Date Range
1/1/1952 - 1/1/1967
Summary
The Annual trend measures the year-over-year change in real GDP, a key indicator of economic growth and overall economic performance in the United States.
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 Annual trend tracks the annual rate of change in real GDP, which adjusts for the effects of inflation. It is a widely-used measure of the economy's overall health and can inform policymakers and analysts on the trajectory of the business cycle.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on estimates of gross domestic product.
Historical Context
This trend is closely monitored by economists, investors, and policymakers to assess the strength and direction of the U.S. economy.
Key Facts
- Real GDP grew by 5.7% in 2021.
- The U.S. economy contracted by 3.4% in 2020 due to the COVID-19 pandemic.
- The average annual GDP growth rate from 2010-2019 was 2.3%.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year change in real GDP, which is the broadest indicator of overall economic activity in the United States.
Q: Why is this trend relevant for users or analysts?
A: The Annual GDP growth rate is a key metric used by economists, policymakers, and investors to assess the health and trajectory 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 based on estimates of gross domestic product.
Q: How is this trend used in economic policy?
A: Policymakers at the Federal Reserve and other institutions closely monitor the Annual GDP growth rate to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The Annual GDP growth rate is published quarterly with a lag, as the underlying GDP data requires time to collect and analyze.
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Citation
U.S. Federal Reserve, Annual (L318401A027NBEA), retrieved from FRED.