Board of Governors of the Federal Reserve System

The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

Economy at a Glance - Gross Domestic Product

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What is gross domestic product?

Gross domestic product, or GDP, is a comprehensive measure of U.S. economic activity that represents the value of goods and services produced in the U.S.

The Federal Reserve pays attention to changes in GDP as an indicator of the overall health of the economy.

Related Information

What to know about GDP (Bureau of Economic Analysis)

Last Update: August 02, 2024