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Source: U.S. Bureau of Economic Analysis
Release: Gross Domestic Product
Units: Percent Change from Preceding Period, Seasonally Adjusted Annual Rate
Frequency: Quarterly
BEA Account Code: A191RL
Gross domestic product (GDP) is the value of the goods and services produced by the nation's economy less the value of the goods and services used up in production. GDP is also equal to the sum of personal consumption expenditures, gross private domestic investment, net exports of goods and services, and government consumption expenditures and gross investment. Real values are inflation-adjusted estimates—that is, estimates that exclude the effects of price changes.
For more information about this series, please visit the Bureau of Economic Analysis.
U.S. Bureau of Economic Analysis, Real Gross Domestic Product [A191RL1Q225SBEA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/A191RL1Q225SBEA, June 12, 2024.
Source: Federal Reserve Bank of Cleveland
Release: Current Median CPI
Units: Percent Change, Seasonally Adjusted
Frequency: Monthly
Median Consumer Price Index (CPI) is a measure of core inflation calculated the Federal Reserve Bank of Cleveland and the Ohio State University. Median CPI was created as a different way to get a 'Core CPI' measure, or a better measure of underlying inflation trends. To calculate the Median CPI, the Cleveland Fed analyzes the median price change of the goods and services published by the BLS. The median price change is the price change that's right in the middle of the long list of all of the price changes. This series excludes 49.5% of the CPI components with the highest and lowest one-month price changes from each tail of the price-change distribution resulting in a Median CPI Inflation Estimate.
According to research from the Cleveland Fed, the Median CPI provides a better signal of the inflation trend than either the all-items CPI or the CPI excluding food and energy. According to newer research done at the Cleveland Fed, the Median CPI is even better at PCE inflation in the near and longer term than the core PCE.
For further information, visit The Federal Reserve Bank of Cleveland.
Federal Reserve Bank of Cleveland, Median Consumer Price Index [MEDCPIM157SFRBCLE], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MEDCPIM157SFRBCLE, June 12, 2024.
Real Gross Domestic Product
Billions of Chained 2017 Dollars, Annual, Not Seasonally Adjusted Billions of Chained 2017 Dollars, Quarterly, Not Seasonally Adjusted Billions of Chained 2017 Dollars, Quarterly, Seasonally Adjusted Annual Rate Index 2017=100, Quarterly, Not Seasonally Adjusted Annual, Not Seasonally Adjusted Percent Change from Quarter One Year Ago, Quarterly, Not Seasonally Adjusted Percent Change from Quarter One Year Ago, Quarterly, Seasonally AdjustedMedian Consumer Price Index
Index Dec 1982=100, Monthly, Seasonally Adjusted Percent Change at Annual Rate, Monthly, Seasonally Adjusted Percent Change from Year Ago, Monthly, Seasonally Adjusted