As of the first quarter of 2025, the GDP of the U.S. fell by 0.5 percent from the fourth quarter of 2024. GDP, or gross domestic product, is effectively a count of the total goods and services produced in a country over a certain period of time. It is calculated by first adding together a country’s total consumer spending, government spending, investments and exports; and then deducting the country’s imports. The values in this statistic are the change in ‘constant price’ or ‘real’ GDP, which means this basic calculation is also adjusted to factor in the regular price changes measured by the U.S. inflation rate. Because of this adjustment, U.S. real annual GDP will differ from the U.S. 'nominal' annual GDP for all years except the baseline from which inflation is calculated. What is annualized GDP? The important thing to note about the growth rates in this statistic is that the values are annualized, meaning the U.S. economy has not actually contracted or grown by the percentage shown. For example, the fall of 29.9 percent in the second quarter of 2020 did not mean GDP is suddenly one third less than a year before. In fact, it means that if the decline seen during that quarter continued at the same rate for a full year, then GDP would decline by this amount. Annualized values can therefore exaggerate the effect of short-term economic shocks, as they only look at economic output during a limited period. This effect can be seen by comparing annualized quarterly growth rates with the annual GDP growth rates for each calendar year.

The Gross Domestic Product (GDP) in the United States expanded 3 percent in the second quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

View economic output, reported as the nominal value of all new goods and services produced by labor and property located in the U.S.

The United States recorded a Government Debt to GDP of 124.30 percent of the country's Gross Domestic Product in 2024. This dataset provides - United States Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This is the dataset I used to figure out which sociodemographic factor including the current pandemic status of each state has the most significan impace on the result of the US Presidential election last year. I also included sentiment scores of tweets created from 2020-10-15 to 2020-11-02 as well, in order to figure out the effect of positive/negative emotion for each candidate - Donald Trump and Joe Biden - on the result of the election.

Details for each variable are as below: - state: name of each state in the United States, including District of Columbia - elec16, elec20: dummy variable indicating whether Trump gained the electoral votes of each state or not. If the electors casted their votes for Trump, the value is 1; otherwise the value is 0 - elecchange: dummy variable indicating whether each party flipped the result in 2020 compared to that of the 2016 - demvote16: the rate of votes that the Democrats, i.e. Hillary Clinton earned in the 2016 Presidential election - repvote16: the rate of votes that the Republicans , i.e. Donald Trump earned in the 2016 Presidential election - demvote20: the rate of votes that the Democrats, i.e. Joe Biden earned in the 2020 Presidential election - repvote20: the rate of votes that the Republicans , i.e. Donald Trump earned in the 2020 Presidential election - demvotedif: the difference between demvote20 and demvote16 - repvotedif: the difference between repvote20 and repvote16 - pop: the population of each state - cumulcases: the cumulative COVID-19 cases on the Election day - caseMar ~ caseOct: the cumulative COVID-19 cases during each month - Marper10k ~ Octper10k: the cumulative COVID-19 cases during each month per 10 thousands - unemp20: the unemployment rate of each state this year before the election - unempdif: the difference between the unemployment rate of the last year and that of this year - jan20unemp ~ oct20unemp: the unemployment rate of each month - cumulper10k: the cumulative COVID-19 cases on the Election day per 10 thousands - b_str_poscount_total: the total number of positive tweets on Biden measured by the SentiStrength - b_str_negcount_total: the total number of negative tweets on Biden measured by the SentiStrength - t_str_poscount_total: the total number of positive tweets on Trump measured by the SentiStrength - t_str_poscount_total: the total number of negative tweets on Trump measured by the SentiStrength - b_str_posprop_total: the proportion of positive tweets on Biden measured by the SentiStrength - b_str_negprop_total: the proportion of negative tweets on Biden measured by the SentiStrength - t_str_posprop_total: the proportion of positive tweets on Trump measured by the SentiStrength - t_str_negprop_total: the proportion of negative tweets on Trump measured by the SentiStrength - white: the proportion of white people - colored: the proportion of colored people - secondary: the proportion of people who has attained the secondary education - tertiary: the proportion of people who has attained the tertiary education - q3gdp20: GDP of the 3rd quarter 2020 - q3gdprate: the growth rate of the 3rd quarter 2020, compared to that of the same quarter last year - 3qsgdp20: GDP of 3 quarters 2020 - 3qsrate20: the growth rate of GDP compared to that of the 3 quarters last year - q3gdpdif: the difference in the level of GDP of the 3rd quarter compared to the last quarter - q3rate: the growth rate of the 3rd quarter compared to the last quarter - access: the proportion of households having the Internet access

Inflation Rate in the United States increased to 2.70 percent in June from 2.40 percent in May of 2025. This dataset provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Federal Reserve's balance sheet has undergone significant changes since 2007, reflecting its response to major economic crises. From a modest *** trillion U.S. dollars at the end of 2007, it ballooned to approximately **** trillion U.S. dollars by June 2025. This dramatic expansion, particularly during the 2008 financial crisis and the COVID-19 pandemic - both of which resulted in negative annual GDP growth in the U.S. - showcases the Fed's crucial role in stabilizing the economy through expansionary monetary policies. Impact on inflation and interest rates The Fed's expansionary measures, while aimed at stimulating economic growth, have had notable effects on inflation and interest rates. Following the quantitative easing in 2020, inflation in the United States reached ***** percent in 2022, the highest since 1991. However, by *************, inflation had declined to *** percent. Concurrently, the Federal Reserve implemented a series of interest rate hikes, with the rate peaking at **** percent in ***********, before the first rate cut since ************** occurred in **************. Financial implications for the Federal Reserve The expansion of the Fed's balance sheet and subsequent interest rate hikes have had significant financial implications. In 2023, the Fed reported a negative net income of ***** billion U.S. dollars, a stark contrast to the ***** billion U.S. dollars profit in 2022. This unprecedented shift was primarily due to rapidly rising interest rates, which caused the Fed's interest expenses to soar to over *** billion U.S. dollars in 2023. Despite this, the Fed's net interest income on securities acquired through open market operations reached a record high of ****** billion U.S. dollars in the same year.

According to a poll conducted at the end of 2022, Americans were feeling quite pessimistic about the coming year. 90 percent of Americans felt negatively about the prospect of political conflict in 2023.

The Economy 2022 was a difficult year for many Americans, as it was for many around the world. After a year of high inflation, record fuel prices, and decreased financial security, the country greeted 2023 with high rates of skepticism and caution. Although the U.S. economy itself has experienced a strong rebound from the pandemic recession compared with other major economies, a sustained decline in consumer spending power thanks to wage growth not keeping pace with inflation has everyday Americans feeling the pinch.

U.S. political landscape The political scene in the U.S. also had a tumultuous few years in the lead up to 2023. The election of Donald Trump as the 45th President of the United States in 2016 left many voters reeling and the country more divided than ever. The beginning of 2021 was market by the January 6th attack on the Capitol, as well as the inauguration of Joe Biden. Additionally, the country continued to grapple with a politicized response to the COVID-19 pandemic and associated restrictions. 2022 began with the Russian invasion of Ukraine, ushering in the beginning of a global fuel and inflation crisis. In the midst of hardening economic conditions, the Supreme Court overturned its ruling on Roe v. Wade, returning the power to decide abortion restrictions to state legislatures.

The 2022 midterm elections saw Republicans win enough seats to take back control of the House of Representatives, but saw the GOP ultimately underperform compared to predictions at the time. The first day of the 2023 congressional term was marked by the inability of the Republican Party to unify itself behind one candidate for Speaker of the House, leading to a once in a century multi-round of Speaker elections. With new members of the House not able to be sworn in until a Speaker is elected, 2023 had a difficult start.

Adding to national debt is an inevitable fact of being President of the United States. The extent to which debt rises under any sitting president depends not only on the policy and spending choices they have made, but also the choices made by presidents and congresses that have come before them. Ronald Reagan and George W. Bush President Ronald Reagan increased the U.S. debt by around **** trillion U.S. dollars, or ****** percent. This is often attributed to "Reaganomics," in which Reagan implemented significant supply-side economic policies in which he reduced government regulation, cut taxes, and tightened the money supply. Spending increased under President George W. Bush in light of the wars in Iraq and Afghanistan. To finance the wars, President Bush chose to borrow the money, rather than use war bonds or increase taxes, unlike previous war-time presidents. Additionally, Bush introduced a number of tax cuts, and oversaw the beginning of the 2008 financial crisis. Barack Obama President Obama inherited both wars in Iraq and Afghanistan, and the financial crisis. The Obama administration also did not increase taxes to pay for the wars, and additionally passed expensive legislation to kickstart the economy following the economic crash, as well as the Affordable Care Act in 2010. The ACA expanded healthcare coverage to cover more than ** million more Americans through programs like Medicare and Medicaid. Though controversial at the time, more than half of Americans have a favorable view of the ACA in 2023. Additionally, he signed legislation making the W. Bush-era tax cuts permanent.