FXEMPIRE
All
Ad
Advertisement
Advertisement

United States GDP Growth Rate

Last Release
Mar 2021
Actual
6.4 %
Forecast
N/A
Previous
4.3 %
Frequency
Quarterly
Units In
%
Next Release
Sep 30, 2021
Time to Release
3 Months 5 Days 12 Hours
Highest
Lowest
Average
Date Range
Source
33.4 %
Sep 2020
-31.4 %
Jun 2020
3.18 %1947 - 2021U.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 6.4 percent in the first quarter, following a 4.3 percent expansion in the previous three-month period and slightly beating market expectations of 6.1 percent, the advance estimate showed. Activity and demand consolidated their recovery from last year's steep contraction, helped by reopening efforts amid an acceleration in the pace of COVID-19 vaccinations and continued government response related to the pandemic. Increases in personal consumption expenditures (PCE), nonresidential fixed investment, federal government spending, residential fixed investment, and state and local government spending were partly offset by decreases in private inventory investment and exports.

United States GDP Growth Rate History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Apr 29, 202113:00US Q1 GDP Growth Beats Forecasts
Mar 25, 202113:20US GDP Growth Revised Higher to 4.3%
Feb 25, 202114:14US GDP Growth Revised Slightly Higher to 4.1%
Jan 28, 202114:35US GDP Growth Slows to 4% in Q4
Dec 22, 202014:10US GDP Growth Revised Slightly Higher to 33.4%
Nov 25, 202014:14US GDP Growth Confirmed at Record 33.1%
Oct 29, 202013:24US GDP Grows at Record 33.1% in Q3
DATETIMEEVENTActual
Apr 29, 202112:30GDP Growth Rate QoQ Adv6.4 %
Jan 28, 202113:30GDP Growth Rate QoQ Adv4 %
Oct 29, 202012:30GDP Growth Rate QoQ Adv33.1 %
Sep 30, 202012:30GDP Growth Rate QoQ Final-31.4 %
Aug 27, 202012:30GDP Growth Rate QoQ 2nd Est-31.7 %
Jul 30, 202012:30GDP Growth Rate QoQ Adv-32.9 %
Jun 25, 202012:30GDP Growth Rate QoQ Final-5 %

United States gdp Indicators

All United States indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
GDP
21,433.2
Dec 2019
20,580.22
Dec 2018
543.3
Dec 1960
21,433.2
Dec 2019
USD BillionYearly1960 - 2019
GDP Annual Growth Rate
0.4
Mar 2021
-2.4
Dec 2020
-9
Jun 2020
13.4
Dec 1950
%Quarterly1948 - 2021
GDP Constant Prices
19,088.06
Mar 2021
18,794.43
Dec 2020
2,184.87
Mar 1950
19,221.97
Dec 2019
USD BillionQuarterly1950 - 2021
GDP From Agriculture
266.2
Dec 2020
262.5
Sep 2020
168.4
Sep 2007
266.2
Dec 2020
USD BillionQuarterly2005 - 2020
GDP From Construction
673
Dec 2020
654.3
Sep 2020
531.7
Mar 2011
794.5
Mar 2005
USD BillionQuarterly2005 - 2020
GDP From Manufacturing
2,234.4
Dec 2020
2,213.2
Sep 2020
1,798.6
Mar 2009
2,234.4
Dec 2020
USD BillionQuarterly2005 - 2020

GDP Growth Rate across North America

GDP Growth Rate global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Canada
1.4
Mar 2021
2.2
Dec 2020
-11.3
Jun 2020
8.9
Sep 2020
%Quarterly1961 - 2021
Mexico
0.8
Mar 2021
3.2
Dec 2020
-17
Jun 2020
12.4
Sep 2020
%Quarterly1993 - 2021
United States
6.4
Mar 2021
4.3
Dec 2020
-31.4
Jun 2020
33.4
Sep 2020
%Quarterly1947 - 2021

Trade With A Regulated Broker