Graph and download economic data for GDPNow (GDPNOW) from Q3 2011 to Q1 2025 about nowcast, projection, headline figure, GDP, rate, and USA.

United States - GDPNow was 2.33880 % Chg. at Annual Rate in January of 2025, according to the United States Federal Reserve. Historically, United States - GDPNow reached a record high of 36.97080 in July of 2020 and a record low of -32.08440 in April of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - GDPNow - last updated from the United States Federal Reserve on March of 2025.

Graph and download economic data for Contributions to percent change in GDPNow: Real Imports of Services (IMPORTSERVICESCONTRIBNOW) from Q2 2014 to Q1 2025 about contributions, imports, services, real, GDP, and USA.

United States Unemployment Rate Nowcast: sa: Contribution:(GDP) Gross Domestic ProductNowcast: FRB Atlanta Forecast: Evolution: GDPNow: saar: QoQ data was reported at 8.816 % in 10 Mar 2025. This records an increase from the previous number of 0.000 % for 03 Mar 2025. United States Unemployment Rate Nowcast: sa: Contribution:(GDP) Gross Domestic ProductNowcast: FRB Atlanta Forecast: Evolution: GDPNow: saar: QoQ data is updated weekly, averaging 0.060 % from Jan 2020 (Median) to 10 Mar 2025, with 270 observations. The data reached an all-time high of 51.517 % in 06 Jul 2020 and a record low of 0.000 % in 03 Mar 2025. United States Unemployment Rate Nowcast: sa: Contribution:(GDP) Gross Domestic ProductNowcast: FRB Atlanta Forecast: Evolution: GDPNow: saar: QoQ data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s United States – Table US.CEIC.NC: CEIC Nowcast: Unemployment Rate.

Graph and download economic data for Contributions to percent change in GDPNow: Real Change of Net Exports of Goods and Services (CHNGNETEXPORTSCONTRIBNOW) from Q2 2014 to Q1 2025 about contributions, exports, Net, goods, services, real, GDP, and USA.

Graph and download economic data for Contributions to percent change in GDPNow: Real Change of Inventory Investment (CHNGNETINVENTCONTRIBNOW) from Q2 2014 to Q1 2025 about contributions, inventories, investment, real, GDP, and USA.

The statistic shows the gross domestic product (GDP) of the United States from 1987 to 2023, with projections up until 2029. The gross domestic product of the United States in 2023 amounted to around 27.72 trillion U.S. dollars. The United States and the economy The United States’ economy is by far the largest in the world; a status which can be determined by several key factors, one being gross domestic product: A look at the GDP of the main industrialized and emerging countries shows a significant difference between US GDP and the GDP of China, the runner-up in the ranking, as well as the followers Japan, Germany and France. Interestingly, it is assumed that China will have surpassed the States in terms of GDP by 2030, but for now, the United States is among the leading countries in almost all other relevant rankings and statistics, trade and employment for example. See the U.S. GDP growth rate here. Just like in other countries, the American economy suffered a severe setback when the economic crisis occurred in 2008. The American economy entered a recession caused by the collapsing real estate market and increasing unemployment. Despite this, the standard of living is considered quite high; life expectancy in the United States has been continually increasing slightly over the past decade, the unemployment rate in the United States has been steadily recovering and decreasing since the crisis, and the Big Mac Index, which represents the global prices for a Big Mac, a popular indicator for the purchasing power of an economy, shows that the United States’ purchasing power in particular is only slightly lower than that of the euro area.

The Gross Domestic Product (GDP) in the United States was worth 27720.71 billion US dollars in 2023, according to official data from the World Bank. The GDP value of the United States represents 26.29 percent of the world economy. This dataset provides - United States GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Nowcast for Real Personal Consumption Expenditures (PCENOW) from Q3 2011 to Q1 2025 about nowcast, projection, PCE, consumption expenditures, consumption, personal, real, rate, and USA.

Graph and download economic data for Contributions to percent change in GDPNow: Real Personal Consumption Expenditures (PCECONTRIBNOW) from Q2 2014 to Q1 2025 about contributions, PCE, consumption expenditures, consumption, personal, real, GDP, and USA.

United States FRB Atlanta Forecast: GDPNow: saar: CC: Imports: Services data was reported at 0.001 % in Jun 2018. This records an increase from the previous number of -0.206 % for Mar 2018. United States FRB Atlanta Forecast: GDPNow: saar: CC: Imports: Services data is updated quarterly, averaging -0.082 % from Sep 2014 (Median) to Jun 2018, with 16 observations. The data reached an all-time high of 0.025 % in Dec 2016 and a record low of -0.210 % in Sep 2016. United States FRB Atlanta Forecast: GDPNow: saar: CC: Imports: Services data remains active status in CEIC and is reported by Federal Reserve Bank of Atlanta. The data is categorized under Global Database’s USA – Table US.A094: NIPA 2013: Contributions to the Change in GDP: 2009 Price: Forecast: Federal Reserve Bank of Atlanta.

The statistic shows the growth rate of the real gross domestic product (GDP) in the United States from 2019 to 2023, with projections up until 2029. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2023, the growth of the real gross domestic product in the United States was around 2.53 percent compared to the previous year. See U.S. GDP per capita and the US GDP for more information.

Real gross domestic product (GDP) of the United States

The gross domestic product (GDP) of a country is a crucial economic indicator, representing the market value of the total goods and services produced and offered by a country within a year, thus serving as one of the indicators of a country’s economic state. The real GDP of a country is defined as its gross domestic product adjusted for inflation.

An international comparison of economic growth rates has ranked the United States alongside other major global economic players such as China and Russia in terms of real GDP growth. With further growth expected during the course of the coming years, as consumer confidence continues to improve, experts predict that the worst is over for the United States economy.

A glance at US real GDP figures reveals an overall increase in growth, with sporadic slips into decline; the last recorded decline took place in Q1 2011. All in all, the economy of the United States can be considered ‘well set’, with exports and imports showing positive results. Apart from this fact, the United States remains one of the world’s leading exporting countries, having been surpassed only by China and tailed by Germany. It is also ranked first among the top global importers. Despite this, recent surveys revealing Americans’ assessments of the U.S. economy have yielded less optimistic results. Interestingly enough, this consensus has been mutual across the social and environmental spectrum. On the other hand, GDP is often used as an indicator for the standard of living in a country – and most Americans seem quite happy with theirs.

United States FRB Atlanta Forecast: GDPNow: saar: GCE: State and Local: QoQ data was reported at 1.909 % in Jun 2018. This records an increase from the previous number of 0.671 % for Mar 2018. United States FRB Atlanta Forecast: GDPNow: saar: GCE: State and Local: QoQ data is updated quarterly, averaging 0.036 % from Mar 2011 (Median) to Jun 2018, with 30 observations. The data reached an all-time high of 2.927 % in Jun 2014 and a record low of -1.698 % in Jun 2012. United States FRB Atlanta Forecast: GDPNow: saar: GCE: State and Local: QoQ data remains active status in CEIC and is reported by Federal Reserve Bank of Atlanta. The data is categorized under Global Database’s USA – Table US.A008: NIPA 2013: GDP by Expenditure: saar: QoQ%: 2009 Price: Forecast: Federal Reserve Bank of Atlanta.

FRB Atlanta Forecast: GDPNow: saar: QoQ data was reported at 2.768 % in Mar 2019. This records an increase from the previous number of 1.847 % for Dec 2018. FRB Atlanta Forecast: GDPNow: saar: QoQ data is updated quarterly, averaging 2.520 % from Mar 2011 (Median) to Mar 2019, with 33 observations. The data reached an all-time high of 5.168 % in Dec 2011 and a record low of 0.078 % in Dec 2012. FRB Atlanta Forecast: GDPNow: saar: QoQ data remains active status in CEIC and is reported by Federal Reserve Bank of Atlanta. The data is categorized under Global Database’s United States – Table US.A012: NIPA 2018: GDP by Expenditure: Constant Price: saar: QoQ: Forecast: Federal Reserve Bank of Atlanta.

In 2023, the U.S. GDP increased from the previous year to about 27.36 trillion U.S. dollars. This increase in GDP can be attributed to a continued rebound from the impact of the coronavirus pandemic. Gross domestic product (GDP) refers to the market value of all goods and services produced within a country. In 2023, the United States has the largest economy in the world. See, for example, the Russian GDP for comparison.

What is GDP? Gross domestic product is one of the most important indicators used to analyze the health of an economy. GDP is defined by the BEA as the market value of goods and services produced by labor and property in the United States, regardless of nationality. It is the primary measure of U.S. production. The OECD defines GDP as an aggregate measure of production equal to the sum of the gross values added of all resident, institutional units engaged in production (plus any taxes, and minus any subsidies, on products not included in the value of their outputs).

GDP and national debt

Although the United States had the highest Gross Domestic Product (GDP) in the world in 2022, this does not tell us much about the quality of life in any given country. GDP per capita at purchasing power parity (PPP) is an economic measurement that is thought to be a better method for comparing living standards across countries because it accounts for domestic inflation and variations in the cost of living.

While the United States might have the largest economy, the country that ranked highest in terms of GDP at PPP was Luxembourg, amounting to around 141,333 international dollars per capita. Singapore, Ireland, and Qatar also ranked highly on the GDP PPP list, and the United States ranked 9th in 2022.

United States FRB Atlanta Forecast: GDPNow: saar: Final Sales to Domestic: QoQ data was reported at 3.234 % in Jun 2018. This records an increase from the previous number of 1.421 % for Mar 2018. United States FRB Atlanta Forecast: GDPNow: saar: Final Sales to Domestic: QoQ data is updated quarterly, averaging 1.945 % from Dec 2015 (Median) to Jun 2018, with 11 observations. The data reached an all-time high of 4.331 % in Dec 2017 and a record low of 1.270 % in Mar 2017. United States FRB Atlanta Forecast: GDPNow: saar: Final Sales to Domestic: QoQ data remains active status in CEIC and is reported by Federal Reserve Bank of Atlanta. The data is categorized under Global Database’s USA – Table US.A008: NIPA 2013: GDP by Expenditure: saar: QoQ%: 2009 Price: Forecast: Federal Reserve Bank of Atlanta.

The statistic shows global gross domestic product (GDP) from 1985 to 2022, with projections up until 2029. In 2020, global GDP amounted to about 85.52 trillion U.S. dollars, two and a half trillion lower than in 2019. Gross domestic product Gross domestic product, also known as GDP, is the accumulated value of all finished goods and services produced in a country, often measured annually. GDP is significant in determining the economic health, growth and productivity in the country, and is a stat often used when comparing several countries at a time, most likely in order to determine which country has seen the most progress. Until 2020, Global GDP had experienced a growth every year since 2010. However, a strong growth rate does not necessarily lead to all positive outcomes and often has a negative effect on inflation rates. A severe growth in GDP leads to lower unemployment, however lower unemployment often leads to higher inflation rates due to demand increasing at a much higher rate than supply and as a result prices rise accordingly. In terms of unemployment, growth had been fairly stagnant since the economic downturn of 2007-2009, but it remains to be seen what the total impact of the coronavirus pandemic will be on total employment.

United States - Contributions to percent change in GDPNow: Real Gross Private Domestic Investment: Fixed Investment was 0.45430 Percentage Points in January of 2025, according to the United States Federal Reserve. Historically, United States - Contributions to percent change in GDPNow: Real Gross Private Domestic Investment: Fixed Investment reached a record high of 3.78320 in July of 2020 and a record low of -5.34630 in April of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Contributions to percent change in GDPNow: Real Gross Private Domestic Investment: Fixed Investment - last updated from the United States Federal Reserve on March of 2025.

United States FRB Atlanta Forecast: GDPNow: saar: GDPI: FI: BFI: Equipment: QoQ data was reported at 4.301 % in Jun 2018. This records an increase from the previous number of 4.181 % for Mar 2018. United States FRB Atlanta Forecast: GDPNow: saar: GDPI: FI: BFI: Equipment: QoQ data is updated quarterly, averaging 6.442 % from Mar 2011 (Median) to Jun 2018, with 30 observations. The data reached an all-time high of 13.784 % in Dec 2017 and a record low of -2.493 % in Mar 2016. United States FRB Atlanta Forecast: GDPNow: saar: GDPI: FI: BFI: Equipment: QoQ data remains active status in CEIC and is reported by Federal Reserve Bank of Atlanta. The data is categorized under Global Database’s USA – Table US.A008: NIPA 2013: GDP by Expenditure: saar: QoQ%: 2009 Price: Forecast: Federal Reserve Bank of Atlanta.

United States FRB Atlanta Forecast: GDPNow: saar: CC: Exports: Goods data was reported at 0.450 % in Dec 2018. This records an increase from the previous number of -0.201 % for Sep 2018. United States FRB Atlanta Forecast: GDPNow: saar: CC: Exports: Goods data is updated quarterly, averaging 0.452 % from Sep 2014 (Median) to Dec 2018, with 18 observations. The data reached an all-time high of 0.768 % in Dec 2014 and a record low of -0.271 % in Mar 2016. United States FRB Atlanta Forecast: GDPNow: saar: CC: Exports: Goods data remains active status in CEIC and is reported by Federal Reserve Bank of Atlanta. The data is categorized under Global Database’s United States – Table US.A021: NIPA 2018: GDP by Expenditure: Contributions to Change: Chain Linked 2012 Price: saar: Forecast.