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Source: U.S. Bureau of Economic Analysis
Release: Gross Domestic Product
Units: Billions of Dollars, Seasonally Adjusted Annual Rate
Frequency: Quarterly
BEA Account Code: A191RC
Gross domestic product (GDP), the featured measure of U.S. output, is the market 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) and the Bureau of Economic Analysis.
U.S. Bureau of Economic Analysis, Gross Domestic Product [GDP], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/GDP, .
Source: U.S. Bureau of Economic Analysis
Release: Gross Domestic Product
Units: Billions of Dollars, Seasonally Adjusted Annual Rate
Frequency: Quarterly
BEA Account Code: A261RC
Gross domestic income is an alternative way of measuring the nation's economy, by counting the incomes earned and costs incurred in production. In theory, GDI should equal gross domestic product, but the different source data yield different results. The difference between the two measures is known as the "statistical discrepancy." BEA considers GDP more reliable because it's based on timelier, more expansive data.
U.S. Bureau of Economic Analysis, Gross Domestic Income [GDI], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/GDI, .
Gross Domestic Product
Annual, Not Seasonally Adjusted Annual, Not Seasonally Adjusted Index 2017=100, Quarterly, Not Seasonally Adjusted Millions of Dollars, Quarterly, Not Seasonally Adjusted Percent Change from Preceding Period, Annual, Not Seasonally Adjusted Percent Change from Preceding Period, Quarterly, Seasonally Adjusted Annual RateGross Domestic Income
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