Annual, Not Seasonally Adjusted
LFWA25TTG7A647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
299,633,000.00
Year-over-Year Change
-0.19%
Date Range
1/1/2005 - 1/1/2016
Summary
This economic trend measures the annual, not seasonally adjusted total gross domestic product (GDP) of the United States. It is a key indicator of overall economic growth and performance.
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, not seasonally adjusted GDP represents the total value of all goods and services produced within the United States in a given year, without adjusting for seasonal variations. This broad macroeconomic indicator is widely used by economists, policymakers, and market analysts to assess the health and trajectory of the U.S. economy.
Methodology
The Bureau of Economic Analysis collects and calculates this GDP data based on surveys, census information, and other economic data sources.
Historical Context
Annual GDP is a critical metric for evaluating fiscal and monetary policy decisions, as well as tracking long-term economic trends.
Key Facts
- The U.S. GDP reached a record high of $23.9 trillion in 2021.
- GDP growth slowed to 2.3% in 2022 amid high inflation and interest rate hikes.
- The U.S. economy has experienced 13 recessions since 1945.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of all goods and services produced within the United States in a given year, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Annual GDP is a critical macroeconomic indicator used by economists, policymakers, and market analysts to assess the overall health and growth of the U.S. economy.
Q: How is this data collected or calculated?
A: The Bureau of Economic Analysis collects and calculates this GDP data based on surveys, census information, and other economic data sources.
Q: How is this trend used in economic policy?
A: Annual GDP is a key metric for evaluating fiscal and monetary policy decisions, as well as tracking long-term economic trends and performance.
Q: Are there update delays or limitations?
A: The annual GDP data is typically published with a lag of several months, as the BEA collects and compiles the necessary economic information.
Related Trends
Infra-Annual Labor Statistics: Employment: Economic Activity: Services: Total for G7
G7LFEASETTSTSAQ
Consumer Price Index: All items: Total: Total for G7
G7CPALTT01IXNBQ
International Trade: Net trade: Value (goods): Total for G7
G7XTNTVA01STSAQ
Infra-Annual Labor Statistics: Employment Male: From 25 to 54 Years for G7
G7LFEM25MAGPQ
Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for G7
G7LREMTTTTSTSAQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for G7
G7CPALTT01IXOBM
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFWA25TTG7A647N), retrieved from FRED.