AmericaUnited States / Economic strength
U.S. Real GDP Growth.
Is economic output growing after adjusting for inflation?
The historical record
Source snapshotQ2 2026
Latest observation in this snapshot—not a real-time reading. -0.3 pp vs Q1 2026.
Fitted vertical axis · missing periods are not interpolated · quarterly
What the number means
Change in inflation-adjusted gross domestic product from the preceding quarter, at an annual rate.
The quarterly growth rate is annualized. It is not a twelve-month growth rate and should not be compared directly with year-over-year CPI. Output growth also does not tell us who benefits or whether wellbeing improves.
Seasonally adjusted annualized growth is not year-over-year growth. GDP does not measure distribution or wellbeing.
A better question to ask
Pair economic-development claims with jobs, household incomes, distribution, and independently verifiable project outcomes.
This is a prompt for investigation, not evidence that a particular policy works. A trend alone cannot establish a cause.
Read the related practical guide ↗Exact observations
106 available observations since 2000. Annual and quarterly dates represent the start of the reporting period; fiscal years are labeled explicitly. Display values are rounded to the precision shown; downloads retain the source values.
Open the complete data table
| Reporting period | Period start | Value |
|---|---|---|
| Q2 2026 | 2026-04-01 | 2.2% |
| Q1 2026 | 2026-01-01 | 2.5% |
| Q4 2025 | 2025-10-01 | 0.2% |
| Q3 2025 | 2025-07-01 | 3.9% |
| Q2 2025 | 2025-04-01 | 4.0% |
| Q1 2025 | 2025-01-01 | 0.1% |
| Q4 2024 | 2024-10-01 | 2.4% |
| Q3 2024 | 2024-07-01 | 3.2% |
| Q2 2024 | 2024-04-01 | 3.6% |
| Q1 2024 | 2024-01-01 | 1.4% |
| Q4 2023 | 2023-10-01 | 3.6% |
| Q3 2023 | 2023-07-01 | 4.5% |
| Q2 2023 | 2023-04-01 | 2.2% |
| Q1 2023 | 2023-01-01 | 3.4% |
| Q4 2022 | 2022-10-01 | 2.7% |
| Q3 2022 | 2022-07-01 | 2.7% |
| Q2 2022 | 2022-04-01 | 0.6% |
| Q1 2022 | 2022-01-01 | -1.0% |
| Q4 2021 | 2021-10-01 | 6.8% |
| Q3 2021 | 2021-07-01 | 3.2% |
| Q2 2021 | 2021-04-01 | 7.1% |
| Q1 2021 | 2021-01-01 | 6.2% |
| Q4 2020 | 2020-10-01 | 4.6% |
| Q3 2020 | 2020-07-01 | 34.9% |
| Q2 2020 | 2020-04-01 | -28.0% |
| Q1 2020 | 2020-01-01 | -5.2% |
| Q4 2019 | 2019-10-01 | 2.8% |
| Q3 2019 | 2019-07-01 | 4.8% |
| Q2 2019 | 2019-04-01 | 3.4% |
| Q1 2019 | 2019-01-01 | 2.5% |
| Q4 2018 | 2018-10-01 | 0.6% |
| Q3 2018 | 2018-07-01 | 2.5% |
| Q2 2018 | 2018-04-01 | 2.1% |
| Q1 2018 | 2018-01-01 | 3.3% |
| Q4 2017 | 2017-10-01 | 4.6% |
| Q3 2017 | 2017-07-01 | 3.2% |
| Q2 2017 | 2017-04-01 | 2.3% |
| Q1 2017 | 2017-01-01 | 2.0% |
| Q4 2016 | 2016-10-01 | 2.2% |
| Q3 2016 | 2016-07-01 | 2.9% |
| Q2 2016 | 2016-04-01 | 1.3% |
| Q1 2016 | 2016-01-01 | 2.3% |
| Q4 2015 | 2015-10-01 | 0.7% |
| Q3 2015 | 2015-07-01 | 1.6% |
| Q2 2015 | 2015-04-01 | 2.5% |
| Q1 2015 | 2015-01-01 | 3.6% |
| Q4 2014 | 2014-10-01 | 2.0% |
| Q3 2014 | 2014-07-01 | 5.0% |
| Q2 2014 | 2014-04-01 | 5.3% |
| Q1 2014 | 2014-01-01 | -1.4% |
| Q4 2013 | 2013-10-01 | 3.5% |
| Q3 2013 | 2013-07-01 | 3.5% |
| Q2 2013 | 2013-04-01 | 1.1% |
| Q1 2013 | 2013-01-01 | 4.0% |
| Q4 2012 | 2012-10-01 | 0.5% |
| Q3 2012 | 2012-07-01 | 0.6% |
| Q2 2012 | 2012-04-01 | 1.8% |
| Q1 2012 | 2012-01-01 | 3.4% |
| Q4 2011 | 2011-10-01 | 4.6% |
| Q3 2011 | 2011-07-01 | -0.1% |
| Q2 2011 | 2011-04-01 | 2.7% |
| Q1 2011 | 2011-01-01 | -0.9% |
| Q4 2010 | 2010-10-01 | 2.1% |
| Q3 2010 | 2010-07-01 | 3.1% |
| Q2 2010 | 2010-04-01 | 3.9% |
| Q1 2010 | 2010-01-01 | 1.9% |
| Q4 2009 | 2009-10-01 | 4.4% |
| Q3 2009 | 2009-07-01 | 1.4% |
| Q2 2009 | 2009-04-01 | -0.7% |
| Q1 2009 | 2009-01-01 | -4.5% |
| Q4 2008 | 2008-10-01 | -8.5% |
| Q3 2008 | 2008-07-01 | -2.1% |
| Q2 2008 | 2008-04-01 | 2.4% |
| Q1 2008 | 2008-01-01 | -1.7% |
| Q4 2007 | 2007-10-01 | 2.5% |
| Q3 2007 | 2007-07-01 | 2.3% |
| Q2 2007 | 2007-04-01 | 2.5% |
| Q1 2007 | 2007-01-01 | 1.2% |
| Q4 2006 | 2006-10-01 | 3.5% |
| Q3 2006 | 2006-07-01 | 0.6% |
| Q2 2006 | 2006-04-01 | 1.0% |
| Q1 2006 | 2006-01-01 | 5.5% |
| Q4 2005 | 2005-10-01 | 2.2% |
| Q3 2005 | 2005-07-01 | 3.2% |
| Q2 2005 | 2005-04-01 | 2.0% |
| Q1 2005 | 2005-01-01 | 4.5% |
| Q4 2004 | 2004-10-01 | 4.1% |
| Q3 2004 | 2004-07-01 | 3.8% |
| Q2 2004 | 2004-04-01 | 3.1% |
| Q1 2004 | 2004-01-01 | 2.3% |
| Q4 2003 | 2003-10-01 | 4.7% |
| Q3 2003 | 2003-07-01 | 6.8% |
| Q2 2003 | 2003-04-01 | 3.6% |
| Q1 2003 | 2003-01-01 | 2.1% |
| Q4 2002 | 2002-10-01 | 0.5% |
| Q3 2002 | 2002-07-01 | 1.6% |
| Q2 2002 | 2002-04-01 | 2.5% |
| Q1 2002 | 2002-01-01 | 3.4% |
| Q4 2001 | 2001-10-01 | 1.1% |
| Q3 2001 | 2001-07-01 | -1.6% |
| Q2 2001 | 2001-04-01 | 2.5% |
| Q1 2001 | 2001-01-01 | -1.3% |
| Q4 2000 | 2000-10-01 | 2.4% |
| Q3 2000 | 2000-07-01 | 0.4% |
| Q2 2000 | 2000-04-01 | 7.5% |
| Q1 2000 | 2000-01-01 | 1.5% |
Follow this series home
- Series identifier
- A191RL1Q225SBEA
- Provider
- FRED / original statistical source
- Original source attribution
- U.S. Bureau of Economic Analysis
- Frequency
- Quarterly
- Source units
- Percent Change from Preceding Period , Seasonally Adjusted Annual Rate
- Displayed units
- % annualized
- Retrieval time
- 2026-10-04T09:04:46.416Z
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