United States CSI: Current Economic Condition data was reported at 112.300 1966=100 in Nov 2018. This records a decrease from the previous number of 113.100 1966=100 for Oct 2018. United States CSI: Current Economic Condition data is updated monthly, averaging 102.000 1966=100 from Jan 1978 (Median) to Nov 2018, with 491 observations. The data reached an all-time high of 121.200 1966=100 in Mar 2018 and a record low of 57.500 1966=100 in Nov 2008. United States CSI: Current Economic Condition data remains active status in CEIC and is reported by University of Michigan. The data is categorized under Global Database’s United States – Table US.H025: Consumer Sentiment Index.

In December 2024, a public opinion survey found that only six percent of Americans felt that the economy was in an excellent state. Of the Americans surveyed, 38 percent considered the economy to be in a poor state.

Michigan Current Economic Conditions in the United States decreased to 63.50 points in March from 65.70 points in February of 2025. This dataset includes a chart with historical data for the United States Michigan Current Economic Conditions.

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.

The data displayed in this theme of the Florida’s Roadmap to Living Healthy are quantitative measures that present the economic condition of Florida’s communities. The data sets contained in this themed map provide the business community and policymakers with relevant and useful statistics needed to make informed decisions to positively affect Florida’s economy. The Florida Department of Agriculture and Consumer Services has used the most current economic statistics from trusted sources such as the United States Census Bureau, U.S. Department of Labor Bureau of Labor Statistics, Consumer Financial Protection Bureau, U.S. Department of the Treasury Community Development Financial Institutions Fund, Social Security Administration, Florida Department of Children and Families, CareerSource Florida, and Esri to build this custom visualization. The economic data used for this themed map includes topics, such as unemployment rates, rural and underserved communities, New Market Tax Credits (NMTC), poverty indicators, career centers, and other related topics. The economic data shown in this themed map is useful for data-driven planning and decision making at the local and state level that could influence growth in various economic sectors.For technical assistance, contact Ronnie Blanco at ronaldo.blanco@freshfromflorida.com

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.

The Gross Domestic Product (GDP) in the United States expanded 2.50 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides the latest reported value for - United States GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

United States CSI: Economic: Recent Business Conditions: Government data was reported at -1.000 % in May 2018. This records an increase from the previous number of -4.000 % for Apr 2018. United States CSI: Economic: Recent Business Conditions: Government data is updated monthly, averaging -3.000 % from Jan 1978 (Median) to May 2018, with 485 observations. The data reached an all-time high of 16.000 % in Jan 2018 and a record low of -35.000 % in Oct 2013. United States CSI: Economic: Recent Business Conditions: Government data remains active status in CEIC and is reported by University of Michigan. The data is categorized under Global Database’s USA – Table US.H028: Consumer Sentiment Index: Economic Conditions. During the last few months, have your heard of any favorable or unfavorable changes in business conditions? The question was: What did you hear?

In 2023 the real gross domestic product (GDP) of the United States increased by 2.5 percent compared to 2022. This rate of annual growth indicates a return to economy normalcy after 2020 saw a dramatic decline in the GDP growth rate due to the the coronavirus (COVID-19) pandemic, and high growth in 2021.

What does GDP growth mean?

Essentially, the annual GDP of the U.S. is the monetary value of all goods and services produced within the country over a given year. On the surface, an increase in GDP therefore means that more goods and services have been produced between one period than another. In the case of annualized GDP, it is compared to the previous year. In 2023, for example, the U.S. GDP grew 2.5 percent compared to 2022.

Countries with highest GDP growth rate

Although the United States has by far the largest GDP of any country, it does not have the highest GDP growth, nor the highest GDP at purchasing power parity. In 2021, Libya had the highest growth in GDP, growing more than 177 percent compared to 2020. Furthermore, Luxembourg had the highest GDP per capita at purchasing power parity, a better measure of living standards than nominal or real GDP.

Graph and download economic data for Government current expenditures: State and local: Economic affairs: Other economic affairs: Natural resources (G160931A027NBEA) from 1959 to 2023 about economic affairs, natural resources, state & local, expenditures, government, GDP, and USA.

United States CCI: New York: Present Situation data was reported at 130.100 1985=100 in Feb 2025. This records a decrease from the previous number of 132.500 1985=100 for Jan 2025. United States CCI: New York: Present Situation data is updated monthly, averaging 92.400 1985=100 from Feb 2007 (Median) to Feb 2025, with 217 observations. The data reached an all-time high of 162.500 1985=100 in Oct 2018 and a record low of 10.700 1985=100 in Feb 2010. United States CCI: New York: Present Situation data remains active status in CEIC and is reported by The Conference Board. The data is categorized under Global Database’s United States – Table US.H042: Consumer Confidence Index. [COVID-19-IMPACT]

Graph and download economic data for Government current expenditures: State and local: General public service: Executive and legislative (G160801A027NBEA) from 1959 to 2023 about state & local, public, expenditures, government, services, GDP, and USA.

Graph and download economic data for Chicago Fed Survey of Economic Conditions: Current Hiring Index in Federal Reserve District 7: Chicago (CFSBCHIRING) from Feb 2013 to Mar 2025 about FRB CHI District, hires, business, indexes, and USA.

United States CSI: Economic: Current Business Condition: 1Yr Ago: Worse Now data was reported at 26.000 % in May 2018. This records a decrease from the previous number of 31.000 % for Apr 2018. United States CSI: Economic: Current Business Condition: 1Yr Ago: Worse Now data is updated monthly, averaging 40.000 % from Jan 1978 (Median) to May 2018, with 485 observations. The data reached an all-time high of 96.000 % in Feb 2009 and a record low of 12.000 % in Feb 2000. United States CSI: Economic: Current Business Condition: 1Yr Ago: Worse Now data remains active status in CEIC and is reported by University of Michigan. The data is categorized under Global Database’s USA – Table US.H028: Consumer Sentiment Index: Economic Conditions. The question was: Would you say that at the present time business conditions are better or worse than they were a year ago?

United States CSI: Economic: Current Business Condition: 1Yr Ago data was reported at 134.000 1966=100 in May 2018. This records an increase from the previous number of 127.000 1966=100 for Apr 2018. United States CSI: Economic: Current Business Condition: 1Yr Ago data is updated monthly, averaging 106.000 1966=100 from Jan 1978 (Median) to May 2018, with 485 observations. The data reached an all-time high of 159.000 1966=100 in Jan 2000 and a record low of 6.000 1966=100 in Nov 2008. United States CSI: Economic: Current Business Condition: 1Yr Ago data remains active status in CEIC and is reported by University of Michigan. The data is categorized under Global Database’s USA – Table US.H028: Consumer Sentiment Index: Economic Conditions. The question was: Would you say that at the present time business conditions are better or worse than they were a year ago?

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.

Graph and download economic data for State and local government current transfer receipts: from business (net) (W076RC1Q027SBEA) from Q1 1947 to Q4 2024 about transfers, state & local, receipts, business, Net, government, GDP, and USA.

Graph and download economic data for Government current expenditures: State and local: Education (G161071A027NBEA) from 1959 to 2023 about state & local, expenditures, education, government, GDP, and USA.