Economy at a Glance - Gross Domestic Product
Units: Percent, Seasonally adjusted at annual rates
Source: U.S. Bureau of Economic Analysis,Data: "NIPA Table 1.1.1 Percent Change From Preceding Period in Real Gross Domestic Product"
Frequency: Quarterly
Gross Domestic Product (GDP)
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
Last Update:
August 02, 2024