United States GDP Growth Rate

Last Release
Sep 2019
Actual
1.9 %
Forecast
1.9 %
Previous
2 %
Frequency
Quarterly
Units In
%
Next Release
Dec 20, 2019
Time to Release
1 Months 0 Days 17 Hours
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Highest
Lowest
Average
Date Range
Source
16.7 %
Mar 1950
-10 %
Mar 1958
3.21 %1947 - 2019U.S. Bureau of Economic Analysis
On the expenditure side, personal consumption expenditures accounts for 68 percent of total GDP out of which purchases of goods constitute 23 percent and services 45 percent. Private investment accounts for 16 percent of GDP and government consumption and investment for 18 percent. As the value of goods exported (13.5 percent) is lower than the value of goods imported (16.5 percent), net exports subtracts 3 percent from the total GDP value.

Latest Updates

The US economy grew by an annualized 1.9 percent in the third quarter of 2019, beating market expectations of 1.6 percent and following a 2.0 percent expansion in the previous three-month period, the advance estimate showed.

United States GDP Growth Rate History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Oct 30, 201913:10US GDP Growth Slows Less than Expected
Sep 26, 201913:03US Q2 GDP Growth Confirmed at 2%
Aug 29, 201912:52US Q2 GDP Growth Revised Lower
Jul 26, 201913:18US GDP Growth Slows Less than Forecast in Q2
Jun 27, 201912:54US Q1 GDP Growth Confirmed at 3.1%
May 30, 201913:17US Q1 GDP Growth Revised Down to 3.1%
Apr 26, 201913:01US Q1 GDP Growth Beats Forecasts
DATETIMEEVENT
Oct 30, 201912:30GDP Growth Rate QoQ Adv
Sep 26, 201912:30GDP Growth Rate QoQ Final
Aug 29, 201912:30GDP Growth Rate QoQ 2nd Est
Jul 26, 201912:30GDP Growth Rate QoQ Adv
Jun 27, 201912:30GDP Growth Rate QoQ Final
May 30, 201912:30GDP Growth Rate QoQ 2nd Est
Apr 26, 201912:30GDP Growth Rate QoQ Adv

A Look at the Markets

Educational Pieces on Marco Indicators

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United States gdp Indicators

All United States indicators
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Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
GDP
20,494.1
Dec 2018
19,485.39
Dec 2017
543.3
Dec 1960
20,494.1
Dec 2018
USD BillionYearly1960 - 2018
GDP Annual Growth Rate
2
Sep 2019
2.3
Jun 2019
-3.9
Jun 2009
13.4
Dec 1950
%Quarterly1948 - 2019
GDP Constant Prices
19,112.54
Sep 2019
19,021.86
Jun 2019
2,184.87
Mar 1950
19,112.54
Sep 2019
USD BillionQuarterly1950 - 2019
GDP From Agriculture
238.5
Jun 2019
212.4
Mar 2019
168.4
Sep 2007
238.5
Jun 2019
USD BillionQuarterly2005 - 2019
GDP From Construction
654.8
Jun 2019
642.8
Mar 2019
531.7
Mar 2011
794.5
Mar 2005
USD BillionQuarterly2005 - 2019
GDP From Manufacturing
2,167.3
Jun 2019
2,178.2
Mar 2019
1,798.6
Mar 2009
2,178.2
Mar 2019
USD BillionQuarterly2005 - 2019

GDP Growth Rate across North America

GDP Growth Rate global view
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Country
Last
Previous
Min
Max
Unit
Frequency
Range
Canada
0.9
Jun 2019
0.1
Mar 2019
-2.3
Mar 2009
3.1
Mar 1965
%Quarterly1961 - 2019
Mexico
0.1
Sep 2019
0
Jun 2019
-5.7
Mar 1995
3.2
Sep 2009
%Quarterly1993 - 2019
United States
1.9
Sep 2019
2
Jun 2019
-10
Mar 1958
16.7
Mar 1950
%Quarterly1947 - 2019
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