Federal government expenditures: Coverage differences: Federal employee retirement plan transactions: Contributions received (employer) (NIPA vs. Budget)
Annual
M318241A027NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-102.31
Year-over-Year Change
49.44%
Date Range
1/1/1952 - 1/1/2023
Summary
The Annual trend measures the annual change in total gross output, a comprehensive indicator of U.S. economic activity. It is a key measure used by economists and policymakers to assess the overall health and trajectory of the national 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
Gross output is a broader measure of economic activity than GDP, as it includes both intermediate inputs and final sales. The Annual trend provides a high-level snapshot of year-over-year growth in the total value of goods and services produced across all industries in the United States.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using comprehensive production and sales statistics.
Historical Context
The Annual trend is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- Gross output includes both final sales and intermediate inputs.
- Annual growth in gross output averaged 4.3% from 2010-2019.
- The Annual trend reached a low of -3.1% during the 2008-2009 recession.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year change in total gross output, which includes the full value of goods and services produced across the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: The Annual trend provides a comprehensive view of economic activity beyond just final sales, making it a key indicator used by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using detailed statistics on production and sales across all industries.
Q: How is this trend used in economic policy?
A: The Annual trend is closely monitored by the Federal Reserve and other institutions to help inform monetary and fiscal policy decisions aimed at promoting economic growth and stability.
Q: Are there update delays or limitations?
A: The Annual trend data is published quarterly with a lag of several months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Annual (M318241A027NBEA), retrieved from FRED.