Gross domestic product (GDP) is a monetary measure of the market value [1] of all the final goods and services produced and rendered in a specific time period by a country [2] or countries. [3] [4] [5] GDP is often used to measure the economic health of a country or region. [2]

Jan 30, 2025 · What is Gross Domestic Product? A comprehensive measure of U.S. economic activity. GDP measures the value of the final goods and services produced in the United States (without double counting the intermediate goods and services used up to produce them).

Jan 26, 2025 · Gross domestic product (GDP) is the total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period. As a...

Sep 10, 2024 · Gross domestic product (GDP) is one of the most widely used indicators of economic performance. Gross domestic product measures a national economy's total output in a given period and is...

Jan 30, 2025 · Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the fourth quarter of 2024 (October, November, and December), according to the advance estimate released by the U.S. Bureau of Economic Analysis. In the third quarter, real GDP increased 3.1 percent.

Jan 30, 2025 · Gross domestic product (GDP), the featured measure of U.S. output, is the market 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) and the Bureau of Economic Analysis.

Nov 27, 2023 · Gross Domestic Product is a fundamental measure of a country's economic activity, reflecting the total market value of goods and services produced within its borders. GDP not only functions as an economic scorecard but also provides valuable insights into a nation's well-being and progress.

Jan 31, 2025 · Gross domestic product (GDP) is the total market value of the goods and services produced by a country’s economy during a specified period of time.

Jan 8, 2025 · Gross domestic product (GDP) measures the value of goods and services a country or state produces — it’s the sum of consumer spending, business investment, government spending, and net exports. It is often used to quantify the size of its economy.

The value of the final goods and services produced in the United States is the gross domestic product. The percentage that GDP grew (or shrank) from one period to another is an important way for Americans to gauge how their economy is doing.