Gross Domestic Product: Real Estate and Rental and Leasing (53) in Pennsylvania
Quarterly, Seasonally Adjusted Annual Rate
PARERENTLEANQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135,561.90
Year-over-Year Change
21.34%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate (PARERENTLEANQGSP) measures the annualized change in real gross domestic product (GDP) adjusted for seasonal variations. It is a key indicator of the overall health and trajectory 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
This economic indicator tracks the quarterly rate of change in real GDP, providing insight into the pace of economic growth or contraction. Policymakers and analysts use this data to assess the business cycle and make informed decisions about fiscal and monetary policies.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using a range of economic indicators and statistical models.
Historical Context
The Quarterly, Seasonally Adjusted Annual Rate is closely monitored by the Federal Reserve, Congress, and market participants to gauge the strength and direction of the U.S. economy.
Key Facts
- The data is released quarterly by the Bureau of Economic Analysis.
- Real GDP growth is a key driver of employment, inflation, and other economic indicators.
- Positive growth rates signal an expanding economy, while negative rates indicate a recession.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate (PARERENTLEANQGSP) measures the annualized change in real gross domestic product (GDP) adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into the overall health and trajectory of the U.S. economy, helping policymakers and analysts assess the business cycle and make informed decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using a range of economic indicators and statistical models.
Q: How is this trend used in economic policy?
A: The Quarterly, Seasonally Adjusted Annual Rate is closely monitored by the Federal Reserve, Congress, and market participants to gauge the strength and direction of the U.S. economy and inform fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Bureau of Economic Analysis, with a slight delay to allow for data collection and analysis.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (PARERENTLEANQGSP), retrieved from FRED.