Gross Domestic Product (GDP)
Gross Domestic Product — Historical Chart
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Sign Up FreeUnderstanding Gross Domestic Product
Gross Domestic Product (FRED series GDP) is a quarterly economic growth indicator measured in billions of dollars. The series is published through FRED, the Federal Reserve Bank of St. Louis economic database, with history going back to 1947. Values are seasonally adjusted, smoothing out predictable calendar effects so that underlying trends are easier to see.
Why it matters: Gross Domestic Product is one of the indicators traders, economists, and policymakers watch within the economic growth complex. It is a core gauge of economic activity, and sustained changes often mark turning points in the business cycle.
How to read it: focus on the direction and persistence of changes rather than any single quarterly print. Comparing the latest value against its level a year ago, and against its long-run range since 1947, gives a better sense of whether the series is signaling acceleration, deceleration, or a turning point.
About This Series
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 (http://www.bea.gov/national/pdf/nipaguid.pdf).
Recent Data
| Date | Value (Bil. of $) | Change |
|---|---|---|
| January 1, 2026 | 31,819.46 | +396.94 |
| October 1, 2025 | 31,422.53 | +324.5 |
| July 1, 2025 | 31,098.03 | +612.3 |
| April 1, 2025 | 30,485.73 | +443.62 |
| January 1, 2025 | 30,042.11 | +216.93 |
| October 1, 2024 | 29,825.18 | +313.52 |
| July 1, 2024 | 29,511.66 | +364.62 |
| April 1, 2024 | 29,147.04 | +438.88 |
| January 1, 2024 | 28,708.16 | +411.19 |
| October 1, 2023 | 28,296.97 | +329.27 |
| July 1, 2023 | 27,967.7 | +513.88 |
| April 1, 2023 | 27,453.82 | +289.46 |
Frequently Asked Questions
What is Gross Domestic Product today?
The latest value of Gross Domestic Product (GDP) is shown at the top of this page, along with its observation date and the change from the prior reading. Data is sourced from FRED and refreshed regularly.
How often is Gross Domestic Product updated?
Gross Domestic Product is reported quarterly (Quarterly). New observations appear on FRED shortly after the source agency releases them, and this page updates daily.
What does a rising Gross Domestic Product mean?
A sustained rise in Gross Domestic Product signals strengthening readings in this economic growth measure, in billions of dollars. Whether that is positive or negative for markets depends on context — compare the move against the series’ trend and related indicators in the same category.
Where does the GDP data come from?
The data comes from FRED® (Federal Reserve Economic Data), maintained by the Federal Reserve Bank of St. Louis, under series ID GDP. History is available back to 1947.
Related Economic Growth Indicators
- Government Consumption Expenditures and Gross Investment5,416.4
- Real Government Consumption Expenditures and Gross Investment3,999.46
- Real Gross Domestic Product24,152.66
- Gross Private Domestic Investment5,620.4
- Real Gross Private Domestic Investment4,483.14
- Net Exports of Goods and Services-895.04
- Personal Consumption Expenditures21,979.4
- Real Personal Consumption Expenditures16,723.35
Data sourced from FRED®, Federal Reserve Bank of St. Louis: Gross Domestic Product (GDP). Retrieved from fred.stlouisfed.org. Last updated May 28, 2026.