GDP of USA 2020
The growth rate of GDP is the most popular indicator of the nation's overall economic health. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Real gross domestic product (GDP) decreased at an annual rate of 4.8 percent in the first quarter of 2020 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. That's according to the most recent forecast released at the Federal Open Market Committee meeting on June 10, 2020. Gross Domestic Product, 2nd Quarter 2020 (Advance Estimate) and Annual UpdateEffects of Selected Federal Pandemic Response Programs on Federal Government Receipts and Expenditures - PDFEffects of Selected Federal Pandemic Response Programs on Federal Government Receipts and Expenditures - XLSXEffects of Selected Federal Pandemic Response Programs on Personal Income - PDFEffects of Selected Federal Pandemic Response Programs on Personal Income - XLSX The gross domestic product (GDP) measures of national income and output for a given country's economy. It will rebound to a 5% growth rate in 2021 and 3.5% in 2022. The Trading Economics Application Programming Interface (API) provides direct access to our data. GDP is the value of the goods and services produced in the United States. In the fourth quarter of 2019, real GDP increased 2.1 percent. Real gross domestic product (GDP) decreased 5.0 percent in the first quarter of 2020, according to the “third” estimate released by the Bureau of Economic Analysis. Annual percentage growth rate of GDP at market prices based on constant local currency. GDP in the first quarter contracted 4.8%, compared to estimates of a 3.5% drop, the Bureau of Economic Analysis reported Wednesday. Real gross domestic product (GDP) decreased at an annual rate of 32.9 percent in the second quarter of 2020, according to the “advance” estimate released by the Bureau of Economic Analysis. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. In the fourth quarter of 2019, real GDP increased 2.1 percent. U.S. GDP growth will contract by 6.5% in 2020. … The decline is the same as in the “second” estimate released in May. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. The Gross Domestic Product (GDP) in the United States was worth 21427.70 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. 1960-2019 Data | 2020-2022 Forecast | Historical | Chart | NewsDownload historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data.
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