Share Prices: All Shares/Broad: Total for Denmark
Annual
SPASTT01DKA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.17
Year-over-Year Change
188.66%
Date Range
1/1/1984 - 1/1/2024
Summary
The Annual Trend measures the year-over-year change in real GDP for the United States. This metric is closely watched by economists and policymakers to gauge 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
The Annual Trend tracks the annual percent change in real gross domestic product (GDP), which is the broadest measure of economic activity. It provides a high-level assessment of economic performance and is used to identify periods of expansion, recession, and growth trends.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on comprehensive national accounts.
Historical Context
The Annual Trend is a key input for Federal Reserve monetary policy decisions and market forecasts.
Key Facts
- The U.S. economy grew 5.7% in 2021 compared to 2020.
- GDP growth averaged 2.3% per year from 2010-2019.
- The largest annual GDP decline was 3.4% in 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Annual Trend measures the year-over-year percent change in real gross domestic product (GDP), which is the broadest indicator of overall U.S. economic activity.
Q: Why is this trend relevant for users or analysts?
A: The Annual Trend provides a high-level assessment of the economy's performance and growth trajectory, making it a critical input for policymakers, market analysts, and economic forecasting.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on comprehensive national accounts data.
Q: How is this trend used in economic policy?
A: The Annual Trend is a key input for Federal Reserve monetary policy decisions and is closely watched by economists, investors, and policymakers to gauge the overall health of the U.S. economy.
Q: Are there update delays or limitations?
A: The Annual Trend data is released quarterly with a short lag, providing timely insight into the economy's performance.
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Citation
U.S. Federal Reserve, Annual (SPASTT01DKA657N), retrieved from FRED.