Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 74 Years for Portugal
Quarterly, Seasonally Adjusted
LRIN74TTPTQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31.83
Year-over-Year Change
-6.35%
Date Range
1/1/1998 - 1/1/2025
Summary
This series measures real GDP growth in the United States on a quarterly, seasonally adjusted basis. It is a key indicator of the overall health and performance of the U.S. economy.
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
Real GDP (Gross Domestic Product) is the broadest measure of economic activity, representing the total value of all goods and services produced within the U.S. The quarterly, seasonally adjusted figure provides timely insights into the trajectory of economic growth.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA).
Historical Context
Policymakers and analysts closely monitor real GDP growth to inform monetary and fiscal policy decisions.
Key Facts
- Real GDP grew by 2.9% in 2022.
- The U.S. economy experienced a recession in 2020 due to the COVID-19 pandemic.
- Quarterly real GDP data is released approximately one month after the end of each quarter.
FAQs
Q: What does this economic trend measure?
A: This series measures the quarterly, seasonally adjusted change in real Gross Domestic Product (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: Real GDP growth is a critical metric for understanding the health and performance of the U.S. economy. It informs policymakers, businesses, and consumers about the trajectory of economic activity.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA).
Q: How is this trend used in economic policy?
A: Policymakers, including the Federal Reserve, closely monitor real GDP growth to inform monetary and fiscal policy decisions that aim to promote economic stability and growth.
Q: Are there update delays or limitations?
A: The quarterly real GDP data is released approximately one month after the end of each quarter, providing timely insights into the state of the U.S. economy.
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Citation
U.S. Federal Reserve, Real Gross Domestic Product (LRIN74TTPTQ156S), retrieved from FRED.