Chain-Type Quantity Index for Real GDP: Private Industries in Massachusetts
Quarterly, Seasonally Adjusted
MAPIQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
122.19
Year-over-Year Change
5.13%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted trend measures the value of real GDP on a quarterly basis, adjusting for seasonal fluctuations. It provides a comprehensive view of economic growth and is a key indicator used by policymakers and analysts.
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 metric represents the total output of goods and services produced within the United States, adjusted to remove seasonal variations that can obscure underlying economic trends. It is a widely-tracked measure of the overall health and direction of the U.S. economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using a variety of government surveys and economic indicators.
Historical Context
The Quarterly, Seasonally Adjusted GDP figure is closely monitored by the Federal Reserve, Congress, and private-sector economists to inform monetary and fiscal policy decisions.
Key Facts
- GDP grew 2.9% in Q4 2022.
- The U.S. economy contracted 0.9% in Q2 2022.
- Real GDP increased 6.9% in Q4 2021.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted GDP trend measures the total value of goods and services produced in the United States on a quarterly basis, with adjustments made to account for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric is a widely-used indicator of overall economic health and growth, providing a comprehensive view of the U.S. economy that is closely monitored by policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using a variety of government surveys and economic indicators.
Q: How is this trend used in economic policy?
A: The Quarterly, Seasonally Adjusted GDP figure is closely monitored by the Federal Reserve, Congress, and private-sector economists to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a delay of approximately one month after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (MAPIQQGSP), retrieved from FRED.