U.S. Steel Corporation, Unfilled Orders for United States
Quarterly
Q06024USQ423NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.08
Year-over-Year Change
41.11%
Date Range
4/1/1902 - 10/1/1911
Summary
The Quarterly trend measures the total value of all goods and services produced within the United States during a three-month period. It is a key indicator of economic growth and a crucial metric for policymakers.
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
The Quarterly trend, also known as Gross Domestic Product (GDP), represents the broadest measure of economic activity in the United States. It is widely used by economists, analysts, and policymakers to assess the health and trajectory of the American economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on a variety of economic indicators.
Historical Context
The Quarterly trend is closely monitored by the Federal Reserve and other government agencies to inform monetary and fiscal policy decisions.
Key Facts
- The Quarterly trend is reported on an annualized basis.
- Real GDP growth is a key target for the Federal Reserve's monetary policy.
- Quarterly data is subject to multiple revisions as more complete information becomes available.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend, or Gross Domestic Product (GDP), measures the total value of all goods and services produced within the United States during a three-month period.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly trend is a crucial indicator of the overall health and performance of the U.S. economy, providing insights into economic growth, consumer spending, and business investment.
Q: How is this data collected or calculated?
A: The data for the Quarterly trend is collected and calculated by the U.S. Bureau of Economic Analysis using a variety of economic indicators and statistical methods.
Q: How is this trend used in economic policy?
A: The Quarterly trend is closely monitored by the Federal Reserve and other government agencies to inform monetary and fiscal policy decisions, as it provides a comprehensive view of the state of the U.S. economy.
Q: Are there update delays or limitations?
A: The Quarterly trend data is subject to multiple revisions as more complete information becomes available, and there may be delays in the initial release of the data.
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Citation
U.S. Federal Reserve, Quarterly (Q06024USQ423NNBR), retrieved from FRED.