Gross Domestic Product: All Industry Total in Tennessee
Quarterly, Seasonally Adjusted Annual Rate
TNNQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
564,204.80
Year-over-Year Change
19.15%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate (TNNQGSP) measures the annualized pace of total nominal gross state product. It is a key indicator of overall economic activity and growth within the United States.
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, Seasonally Adjusted Annual Rate (TNNQGSP) tracks the annualized value of total nominal gross state product across all 50 U.S. states and the District of Columbia. It is a widely-used metric for evaluating the health and trajectory of the national economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and analysts closely monitor TNNQGSP to gauge the strength of the economy and inform decision-making.
Key Facts
- TNNQGSP is reported on a quarterly basis.
- It measures total nominal output across all U.S. states.
- The metric is seasonally adjusted to account for regular fluctuations.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate (TNNQGSP) tracks the annualized pace of total nominal gross state product across the United States.
Q: Why is this trend relevant for users or analysts?
A: TNNQGSP is a key indicator of overall economic activity and growth, making it highly relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor TNNQGSP to gauge the strength of the economy and inform decision-making.
Q: Are there update delays or limitations?
A: TNNQGSP is reported on a quarterly basis with a slight delay for data collection and processing.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (TNNQGSP), retrieved from FRED.