Economic Expansion (GDP)
Quarterly Values (%): June '47 - June '17
- +/- 1 standard deviation of GDP US Chained 2009 Dollars quarter over quarter % Change figures fall into this range.
Data represents historical month end values
What is it?
- Gross Domestic Product (GDP) seasonally adjusted measures the total market value of the United States' output of goods and services during a specific time period. It is measured on a quarterly basis. This indicator value represents the trailing quarter over quarter % change as of last month-end.
Why is it important?
- GDP is considered a measure of a country’s economic health.
How do we interpret it?
- Rising indicator levels indicate increasing GDP. Decreasing indicator levels indicate the opposite.
Typical historical range
- As of December 31, 2016, +/- 1 standard deviation* of historical month-end values have ranged from -0.68% to +7.13%.1