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GDP Growth Rate YoY

United StatesGrowth%High
SummaryAbout This IndicatorHistorical Data2
Latest release · May 30, 2013 · 17:30 UTC
1.80%
In line with forecast
Last five prints
1.801.80
Forecast
1.80Actual is identical
Previous
1.70Actual is higher by 0.1

About This Indicator

Description

Measures the percentage change in the inflation-adjusted value of all goods and services produced by the economy compared to the same quarter of the previous year. It provides a broader view of economic trends by smoothing out seasonal fluctuations. It is a key metric for long-term economic assessment.

Methodology

Calculated by comparing the real GDP of the current quarter to the real GDP of the same quarter in the previous year. This year-over-year comparison helps identify structural growth trends.

Historical Data

View data as table
DateActualForecastSurprise
May 30, 20131.801.800.00
Apr 26, 20131.80——
Source · Bureau of Economic AnalysisView Source