Quarterly, Not Seasonally Adjusted
ODCNPI02CAQ189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,604,421,000.00
Year-over-Year Change
18.87%
Date Range
1/1/1955 - 10/1/2013
Summary
The Quarterly, Not Seasonally Adjusted trend measures changes in national output over time. It is a key indicator of overall economic performance and helps analysts and policymakers understand growth and production dynamics.
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 quarterly economic series tracks inflation-adjusted gross domestic product (GDP) in the United States. It reflects the total market value of all final goods and services produced within the country during the measurement period.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) based on comprehensive surveys and economic accounts.
Historical Context
This GDP metric is closely watched by the Federal Reserve, Congress, and private analysts to assess the health of the U.S. economy and inform policy decisions.
Key Facts
- GDP grew 2.9% in 2022 Q4.
- GDP has increased for 12 consecutive quarters.
- The U.S. economy avoided a recession in 2022.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Not Seasonally Adjusted trend measures changes in the total inflation-adjusted value of all goods and services produced in the United States over a three-month period.
Q: Why is this trend relevant for users or analysts?
A: This GDP metric is a comprehensive indicator of overall economic performance and growth, making it crucial for policymakers, businesses, and investors to assess the health and direction of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) based on surveys, economic accounts, and other comprehensive sources.
Q: How is this trend used in economic policy?
A: The Quarterly, Not Seasonally Adjusted GDP trend is closely monitored by the Federal Reserve, Congress, and private analysts to inform monetary and fiscal policy decisions that aim to promote economic stability and growth.
Q: Are there update delays or limitations?
A: The GDP data is released on a quarterly basis, with an initial estimate followed by two revisions in subsequent months. There can be a delay of several weeks between the end of the quarter and the initial GDP release.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (ODCNPI02CAQ189N), retrieved from FRED.