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Source: U.S. Bureau of Economic Analysis
Release: Gross Domestic Product
Units: Billions of Chained 2005 Dollars, Seasonally Adjusted Annual Rate
Frequency: Quarterly
BEA Account Code: A191RX1
Real gross domestic product is the inflation adjusted 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) - (http://www.bea.gov/national/pdf/nipaguid.pdf)
U.S. Bureau of Economic Analysis, Real Gross Domestic Product [GDPC1], retrieved from ALFRED, Federal Reserve Bank of St. Louis; https://alfred.stlouisfed.org/series?seid=GDPC1, October 16, 2024.
Source: U.S. Congressional Budget Office
Release: Budget and Economic Outlook
Units: Billions of Chained 2005 Dollars, Not Seasonally Adjusted
Frequency: Quarterly
Real potential GDP is the CBO’s estimate of the output the economy would produce with a high rate of use of its capital and labor resources. The data is adjusted to remove the effects of inflation.
U.S. Congressional Budget Office, Real Potential Gross Domestic Product [GDPPOT], retrieved from ALFRED, Federal Reserve Bank of St. Louis; https://alfred.stlouisfed.org/series?seid=GDPPOT, October 16, 2024.