This graph shows a forecast of the gross domestic product of the United States of America for fiscal years 2024 to 2034. GDP refers to the market value of all final goods and services produced within a country in a given period. According to the CBO, the United States GDP will increase steadily over the next decade from 28.18 trillion U.S. dollars in 2023 to 41.65 trillion U.S. dollars in 2034. The annual GDP of the United States for recent years can be found here. Also, view the monthly inflation rate for the country.

This statistic shows the Economic Confidence Index, created by Gallup, on a monthly basis for the ongoing year. The survey is conducted doing weekly telephone interviews among approx. 2,499 adults in the U.S. The graph shows the results for the first update each month to depict an annual trend. The Index is computed by adding the percentage of Americans rating current economic conditions to the percentage saying the economy is (getting better minus getting worse), and then dividing that sum by 2. The Index has a value between null and +100. In December 2017, the U.S. Economic Confidence Index stood at 8.

The seasonally-adjusted national unemployment rate is measured on a monthly basis in the United States. In February 2025, the national unemployment rate was at 4.1 percent. Seasonal adjustment is a statistical method of removing the seasonal component of a time series that is used when analyzing non-seasonal trends. U.S. monthly unemployment rate According to the Bureau of Labor Statistics - the principle fact-finding agency for the U.S. Federal Government in labor economics and statistics - unemployment decreased dramatically between 2010 and 2019. This trend of decreasing unemployment followed after a high in 2010 resulting from the 2008 financial crisis. However, after a smaller financial crisis due to the COVID-19 pandemic, unemployment reached 8.1 percent in 2020. As the economy recovered, the unemployment rate fell to 5.3 in 2021, and fell even further in 2022. Additional statistics from the BLS paint an interesting picture of unemployment in the United States. In November 2023, the states with the highest (seasonally adjusted) unemployment rate were the Nevada and the District of Columbia. Unemployment was the lowest in Maryland, at 1.8 percent. Workers in the agricultural and related industries suffered the highest unemployment rate of any industry at seven percent in December 2023.

United States Unemployment Rate: Age 25 to 54 data was reported at 3.000 % in Oct 2018. This records an increase from the previous number of 2.900 % for Sep 2018. United States Unemployment Rate: Age 25 to 54 data is updated monthly, averaging 4.400 % from Jan 1948 (Median) to Oct 2018, with 850 observations. The data reached an all-time high of 9.700 % in Jan 1983 and a record low of 1.800 % in Aug 1953. United States Unemployment Rate: Age 25 to 54 data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G018: Current Population Survey: Unemployment Rate.

Graph and download economic data for Gross Domestic Product: All Industries in Orange County, CA (GDPALL06059) from 2001 to 2023 about Orange County, CA; Los Angeles; CA; industry; GDP; and USA.

In July 2024, 3.16 billion U.S. dollars were paid out in unemployment benefits in the United States. This is an increase from June 2024, when 2.62 billion U.S. dollars were paid in unemployment benefits. The large figures seen in 2020 are largely due to the impact of the coronavirus pandemic. Welfare in the U.S. Unemployment benefits first started in 1935 during the Great Depression as a part of President Franklin D. Roosevelt’s New Deal. The Social Security Act of 1935 ensured that Americans would not fall deeper into poverty. The United States was the only developed nation in the world at the time that did not offer any welfare benefits. This program created unemployment benefits, Medicare and Medicaid, and maternal and child welfare. The only major welfare program that the United States currently lacks is a paid maternity leave policy. Currently, the United States only offers 12 unpaid weeks of leave, under certain circumstances. However, the number of people without health insurance in the United States has greatly decreased since 2010. Unemployment benefits Current unemployment benefits in the United States vary from state to state due to unemployment being funded by both the state and the federal government. The average duration of people collecting unemployment benefits in the United States has fluctuated since January 2020, from as little as 4.55 weeks to as many as 50.32 weeks. The unemployment rate varies by ethnicity, gender, and education levels. For example, those aged 16 to 24 have faced the highest unemployment rates since 1990 during the pandemic. In February 2023, the Las Vegas-Henderson-Paradise, NV metropolitan area had the highest unemployment rate in the United States.

GDP (current US$) in United States was reported at 27720709000000 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

United States - Gross domestic product: Imputations was 3726.90400 Bil. of $ in January of 2022, according to the United States Federal Reserve. Historically, United States - Gross domestic product: Imputations reached a record high of 3726.90400 in January of 2022 and a record low of 6.89400 in January of 1933. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Gross domestic product: Imputations - last updated from the United States Federal Reserve on March of 2025.

In 2023, the real gross domestic product (GDP) of California was 3.23 trillion U.S. dollars. This is a slight increase from the previous year, when the state's GDP stood at 3.23 trillion U.S. dollars.

Graph and download economic data for Gross Domestic Product: Real Estate (531) in the United States (USREALNGSP) from 1997 to 2023 about leases, finance, insurance, rent, real estate, GSP, private industries, private, industry, GDP, and USA.

Graph and download economic data for Gross Domestic Product: Implicit Price Deflator (GDPDEF) from Q1 1947 to Q4 2024 about implicit price deflator, headline figure, inflation, GDP, and USA.

United States Trade Balance on Services data was reported at 247.714 USD bn in 2016. This records a decrease from the previous number of 261.410 USD bn for 2015. United States Trade Balance on Services data is updated yearly, averaging 119.793 USD bn from Dec 1999 (Median) to 2016, with 18 observations. The data reached an all-time high of 261.410 USD bn in 2015 and a record low of 47.754 USD bn in 2003. United States Trade Balance on Services data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.JA020: Trade Statistics: Services: By Country.

Graph and download economic data for Chicago Fed Survey of Economic Conditions: Capital Spending Expectations in the next 12 Months in Federal Reserve District 7: Chicago (CFSBCCAPXEXP) from Feb 2013 to Mar 2025 about FRB CHI District, 6-month, 1-year, projection, capital, expenditures, business, indexes, and USA.

Graph and download economic data for Government total expenditures (W068RCQ027SBEA) from Q1 1960 to Q4 2024 about expenditures, government, GDP, and USA.

In 2023, the real GDP of the Los Angeles metro area amount to around 1.08 trillion U.S. dollars, and increase after 2021. The overall quarterly GDP growth in the United States can be found here. Gross domestic product of Los AngelesWith a population of over 12.8 million inhabitants in 2023, Los Angeles is the second-largest city in America, following only New York. The Los Angeles metro area also ranked second among U.S. metro areas in terms of gross metropolitan product, second again only to New York City metro area, which came in with a GMP of 1.99 trillion U.S. dollars to Los Angeles’ 1.13 trillion U.S. dollars in the fiscal year of 2021. Chicago metro area ranked third with GMP of 757.2 billion U.S. dollars. Additional detailed statistics about GDP in the United States is available here. Despite Los Angeles’ high GDP, L.A. did not do as well as some cities in terms of median household income. Los Angeles ranked 9th with a median household income of 76,135 U.S. dollars annually in 2022. This was slightly higher than the median household income of the United States in 2022, which came in at 74,580 U.S. dollars annually. Located in Southern California, Los Angeles is home to Hollywood, the famous epicenter of the U.S. film and television industries. The United States is one of the leading film markets worldwide, producing 449 films in 2022, many of them produced by Hollywood-based studios. In 2018, movie ticket sales in North America generated over 11.89 billion U.S. dollars in box office revenue. Famous Hollywood actresses earn millions annually, with the best paid, Sofia Vergara, earning 43 million U.S. dollars in 2020. Second on the list was Angelina Jolie with earnings of 35.5 million U.S. dollars.

Graph and download economic data for Sales: Retail Trade: Total Retail Trade: Volume for United States (SLRTTO01USQ657S) from Q1 1960 to Q2 2018 about retail trade, sales, retail, and USA.

United States GFCF: saar: Financial Business data was reported at 264.719 USD bn in Mar 2018. This records an increase from the previous number of 259.972 USD bn for Dec 2017. United States GFCF: saar: Financial Business data is updated quarterly, averaging 61.105 USD bn from Dec 1951 (Median) to Mar 2018, with 266 observations. The data reached an all-time high of 264.719 USD bn in Mar 2018 and a record low of 0.871 USD bn in Sep 1952. United States GFCF: saar: Financial Business data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.AB074: Integrated Macroeconomic Accounts: Total Economy and Sectors: Selected Aggregates.

United States TMOS: Future Growth Rate of Orders: Decrease data was reported at 42.200 % in Apr 2020. This records a decrease from the previous number of 44.700 % for Mar 2020. United States TMOS: Future Growth Rate of Orders: Decrease data is updated monthly, averaging 9.900 % from Jun 2004 (Median) to Apr 2020, with 191 observations. The data reached an all-time high of 44.700 % in Mar 2020 and a record low of 0.000 % in Dec 2010. United States TMOS: Future Growth Rate of Orders: Decrease data remains active status in CEIC and is reported by Federal Reserve Bank of Dallas. The data is categorized under Global Database’s United States – Table US.S016: Texas Manufacturing Outlook Survey.

Graph and download economic data for Federal Surplus or Deficit [-] as Percent of Gross Domestic Product (FYFSDFYGDP) from 1930 to 2023 about budget, federal, percent, GDP, and USA.

In 2023, the finance, real estate, insurance, rental, and leasing industry added the most value to the GDP of the United States. In that year, this industry added 5.66 trillion U.S. dollars to the national GDP.

Gross Domestic Product

Gross domestic product is a measure of how much a country produces in a certain amount of time. Countries with a high GDP tend to have large economies, for example, the United States. However, GDP does not take into consideration the cost of living and inflation rates, so it is not a good measure of the standard of living. GDP per capita at purchasing power parity is thought to be more reflective of living conditions within a particular country.

U.S. GDP

California added the largest amount of value to the real GDP of the U.S. in 2022. California was followed by Texas and New York. In California, the professional and business services industry was the most valuable to GDP in 2022. In New York, the finance, insurance, real estate, rental, and leasing industry added the most value to the state GDP. While the business sector added the highest value to the U.S. real GDP in 2021, it was the information industry that had the biggest percentage change in value added to the GDP between 2010 and 2021.