FRED Graph
Notes
Source: U.S. Bureau of Economic Analysis
Release: Gross Domestic Product
Units:
Frequency:
Notes:
BEA Account Code: A191RX
Real gross domestic product is the inflation adjusted value of the goods and services produced by labor and property located in the United States.For more information see the Guide to the National Income and Product Accounts of the United States (NIPA). For more information, please visit the Bureau of Economic Analysis.
Suggested Citation:
U.S. Bureau of Economic Analysis, Real Gross Domestic Product [GDPC1], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/GDPC1, March 30, 2025.
Source: Federal Reserve Bank of Atlanta
Release: GDPNow
Units:
Frequency:
Notes:
GDPNow is a nowcasting model for gross domestic product (GDP) growth that synthesizes the bridge equation approach relating GDP subcomponents to monthly source data with factor model and Bayesian vector autoregression approaches. The GDPNow model forecasts GDP growth by aggregating 13 subcomponents that make up GDP with the chain-weighting methodology used by the US Bureau of Economic Analysis.
The Federal Reserve Bank of Atlanta's GDPNow release complements the quarterly GDP release from the Bureau of Economic Analysis (BEA). The Atlanta Fed recalculates and updates their GDPNow forecasts (called "nowcasts") throughout the quarter as new data are released, up until the BEA releases its "advance estimate" of GDP for that quarter. The St. Louis Fed constructs a quarterly time series for this dataset, in which both historical and current observations values are combined. In general, the most-current observation is revised multiple times throughout the quarter. The final forecasted value (before the BEA's release of the advance estimate of GDP) is the static, historical value for that quarter.
For futher information visit the Federal Reserve Bank of Atlanta.
Suggested Citation:
Federal Reserve Bank of Atlanta, GDPNow [GDPNOW], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/GDPNOW, March 30, 2025.
Release Tables
- Table 1.1.6. Real Gross Domestic Product, Chained Dollars: Quarterly
- Table 1.2.6. Real Gross Domestic Product by Major Type of Product, Chained Dollars: Quarterly
- Table 1.3.6. Real Gross Value Added by Sector, Chained Dollars: Quarterly
- Table 1.4.6. Relation of Real Gross Domestic Product, Real Gross Domestic Purchases, and Real Final Sales to Domestic Purchasers, Chained Dollars: Quarterly
- Table 1.5.6. Real Gross Domestic Product, Expanded Detail, Chained Dollars: Quarterly
- Table 1.7.6. Relation of Real Gross Domestic Product, Real Gross National Product, and Real Net National Product, Chained Dollars: Quarterly
- Table 1.8.6. Command-Basis Real Gross Domestic Product and Gross National Product, Chained Dollars: Quarterly
- Table 1.17.6. Real Gross Domestic Product, Real Gross Domestic Income, and Other Major NIPA Aggregates, Chained Dollars: Quarterly
