The Gross Domestic Product (GDP) in the United States contracted 0.50 percent in the first 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.

As of the third quarter of 2024, the GDP of the U.S. grew by 2.8 percent from the second 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.

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

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.

Graph and download economic data for Federal Surplus or Deficit [-] as Percent of Gross Domestic Product (FYFSGDA188S) from 1929 to 2024 about budget, federal, GDP, and USA.