Observation:
2024: 1.7 (+ more) Updated: Aug 1, 20232024: | 1.7 | |
2023: | 1.8 | |
2022: | 2.0 | |
2021: | 1.8 | |
2020: | 1.8 | |
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Units:
Percent Change from Year Ago,Frequency:
Annual,Data in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Source: U.S. Congressional Budget Office
Release: Budget and Economic Outlook
Units: Billions of Chained 2012 Dollars, Not Seasonally Adjusted
Frequency: Quarterly
Real potential GDP is the CBO’s estimate of the output the economy would produce with a high rate of use of its capital and labor resources. The data is adjusted to remove the effects of inflation.
U.S. Congressional Budget Office, Real Potential Gross Domestic Product [GDPPOT], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/GDPPOT, December 8, 2023.