An independent publication

Vol. I, No. 13 Afternoon Edition

The Fed Gazette

A civic journal of money and credit

Live Federal Reserve rates, FOMC decisions, speeches, and Treasury data, with every figure copied from the agency that published it.

Output and growth

U.S. GDP: Quarterly Gross Domestic Product Chart and Data

Gross domestic product was $32,563.03 billion for the second quarter 2026, and real GDP changed 2.20% from the preceding period for the second quarter 2026, according to the U.S. Bureau of Economic Analysis, via GOVSPENDING.ORG.

Source: U.S. Bureau of Economic Analysis (Gross Domestic Product), via GOVSPENDING.ORG, GDP, Gross domestic product, billions of dollars, quarterly, seasonally adjusted annual rate; U.S. Bureau of Economic Analysis (Gross Domestic Product), via GOVSPENDING.ORG, A191RL1Q225SBEA, Real gross domestic product, percent change from preceding period, quarterly, seasonally adjusted annual rate · Published · Updated

Quarterly U.S. gross domestic product in billions of dollars and the Bureau of Economic Analysis’s real GDP growth rate, each with a chart, what changed since last quarter, and a plain explanation. Figures are copied as published. This paper does not compute growth.

  • Gross domestic product $32,563.03 billion second quarter 2026 Higher than the previous print
  • Real GDP, percent change from preceding period 2.20% second quarter 2026 Lower than the previous print

U.S. GDP chart

Gross domestic product over time

Quarterly gross domestic product, in billions of dollars at a seasonally adjusted annual rate, as the feed names the unit. Each point is a stored quarterly print.

$30,500B$31,000B$31,500B$32,000B$32,500B$33,000BApr ’25Jul ’25Oct ’25Jan ’26Apr ’26$30,500B$31,000B$31,500B$32,000B$32,500B$33,000BApr ’25Jul ’25Oct ’25Jan ’26Apr ’26$30,500B$31,000B$31,500B$32,000B$32,500B$33,000BApr ’25Jul ’25Oct ’25Jan ’26Apr ’26
$22,000B$24,000B$26,000B$28,000B$30,000B$32,000B$34,000B20222023202420252026$22,000B$24,000B$26,000B$28,000B$30,000B$32,000B$34,000B20222023202420252026$22,000B$24,000B$26,000B$28,000B$30,000B$32,000B$34,000B20222023202420252026
$15,000B$20,000B$25,000B$30,000B$35,000B20182020202220242026$15,000B$20,000B$25,000B$30,000B$35,000B20182020202220242026$15,000B$20,000B$25,000B$30,000B$35,000B20182020202220242026
$0B$10,000B$20,000B$30,000B$40,000B195019651980199520102025$0B$10,000B$20,000B$30,000B$40,000B19501960197019801990200020102020$0B$10,000B$20,000B$30,000B$40,000B19501960197019801990200020102020
  • Gross domestic product $32,563.03 billion Apr 1, 2026

Source: U.S. Bureau of Economic Analysis (Gross Domestic Product), via GOVSPENDING.ORG, GDP, Gross domestic product, billions of dollars, quarterly, seasonally adjusted annual rate · as of · retrieved

More series in the data library
Data
Gross domestic product over time, the last print of each calendar quarter (a sample of the plotted line)
PeriodGross domestic product
first quarter 1947$243.164 billion
second quarter 1947$245.968 billion
third quarter 1947$249.585 billion
fourth quarter 1947$259.745 billion
first quarter 1948$265.742 billion
second quarter 1948$272.567 billion
third quarter 1948$279.196 billion
fourth quarter 1948$280.366 billion
first quarter 1949$275.034 billion
second quarter 1949$271.351 billion
third quarter 1949$272.889 billion
fourth quarter 1949$270.627 billion
first quarter 1950$280.828 billion
second quarter 1950$290.383 billion
third quarter 1950$308.153 billion
fourth quarter 1950$319.945 billion
first quarter 1951$336 billion
second quarter 1951$344.09 billion
third quarter 1951$351.385 billion
fourth quarter 1951$356.178 billion
first quarter 1952$359.82 billion
second quarter 1952$361.03 billion
third quarter 1952$367.701 billion
fourth quarter 1952$380.812 billion
first quarter 1953$387.98 billion
second quarter 1953$391.749 billion
third quarter 1953$391.171 billion
fourth quarter 1953$385.97 billion
first quarter 1954$385.345 billion
second quarter 1954$386.121 billion
third quarter 1954$390.996 billion
fourth quarter 1954$399.734 billion
first quarter 1955$413.073 billion
second quarter 1955$421.532 billion
third quarter 1955$430.221 billion
fourth quarter 1955$437.092 billion
first quarter 1956$439.746 billion
second quarter 1956$446.01 billion
third quarter 1956$451.191 billion
fourth quarter 1956$460.463 billion
first quarter 1957$469.779 billion
second quarter 1957$472.025 billion
third quarter 1957$479.49 billion
fourth quarter 1957$474.864 billion
first quarter 1958$467.54 billion
second quarter 1958$471.978 billion
third quarter 1958$485.841 billion
fourth quarter 1958$499.555 billion
first quarter 1959$510.33 billion
second quarter 1959$522.653 billion
third quarter 1959$525.034 billion
fourth quarter 1959$528.6 billion
first quarter 1960$542.648 billion
second quarter 1960$541.08 billion
third quarter 1960$545.604 billion
fourth quarter 1960$540.197 billion
first quarter 1961$545.018 billion
second quarter 1961$555.545 billion
third quarter 1961$567.664 billion
fourth quarter 1961$580.612 billion
first quarter 1962$594.013 billion
second quarter 1962$600.366 billion
third quarter 1962$609.027 billion
fourth quarter 1962$612.28 billion
first quarter 1963$621.672 billion
second quarter 1963$629.752 billion
third quarter 1963$644.444 billion
fourth quarter 1963$653.938 billion
first quarter 1964$669.822 billion
second quarter 1964$678.674 billion
third quarter 1964$692.031 billion
fourth quarter 1964$697.319 billion
first quarter 1965$717.79 billion
second quarter 1965$730.191 billion
third quarter 1965$749.323 billion
fourth quarter 1965$771.857 billion
first quarter 1966$795.734 billion
second quarter 1966$804.981 billion
third quarter 1966$819.638 billion
fourth quarter 1966$833.302 billion
first quarter 1967$844.17 billion
second quarter 1967$848.983 billion
third quarter 1967$865.233 billion
fourth quarter 1967$881.439 billion
first quarter 1968$909.387 billion
second quarter 1968$934.344 billion
third quarter 1968$950.825 billion
fourth quarter 1968$968.03 billion
first quarter 1969$993.337 billion
second quarter 1969$1,009.02 billion
third quarter 1969$1,029.956 billion
fourth quarter 1969$1,038.147 billion
first quarter 1970$1,051.2 billion
second quarter 1970$1,067.375 billion
third quarter 1970$1,086.059 billion
fourth quarter 1970$1,088.608 billion
first quarter 1971$1,135.156 billion
second quarter 1971$1,156.271 billion
third quarter 1971$1,177.675 billion
fourth quarter 1971$1,190.297 billion
first quarter 1972$1,230.609 billion
second quarter 1972$1,266.369 billion
third quarter 1972$1,290.566 billion
fourth quarter 1972$1,328.904 billion
first quarter 1973$1,377.49 billion
second quarter 1973$1,413.887 billion
third quarter 1973$1,433.838 billion
fourth quarter 1973$1,476.289 billion
first quarter 1974$1,491.209 billion
second quarter 1974$1,530.056 billion
third quarter 1974$1,560.026 billion
fourth quarter 1974$1,599.679 billion
first quarter 1975$1,616.116 billion
second quarter 1975$1,651.853 billion
third quarter 1975$1,709.82 billion
fourth quarter 1975$1,761.831 billion
first quarter 1976$1,820.487 billion
second quarter 1976$1,852.332 billion
third quarter 1976$1,886.558 billion
fourth quarter 1976$1,934.273 billion
first quarter 1977$1,988.648 billion
second quarter 1977$2,055.909 billion
third quarter 1977$2,118.473 billion
fourth quarter 1977$2,164.27 billion
first quarter 1978$2,202.76 billion
second quarter 1978$2,331.633 billion
third quarter 1978$2,395.053 billion
fourth quarter 1978$2,476.949 billion
first quarter 1979$2,526.61 billion
second quarter 1979$2,591.247 billion
third quarter 1979$2,667.565 billion
fourth quarter 1979$2,723.883 billion
first quarter 1980$2,789.842 billion
second quarter 1980$2,797.352 billion
third quarter 1980$2,856.483 billion
fourth quarter 1980$2,985.557 billion
first quarter 1981$3,124.206 billion
second quarter 1981$3,162.532 billion
third quarter 1981$3,260.609 billion
fourth quarter 1981$3,280.818 billion
first quarter 1982$3,274.302 billion
second quarter 1982$3,331.972 billion
third quarter 1982$3,366.322 billion
fourth quarter 1982$3,402.561 billion
first quarter 1983$3,473.413 billion
second quarter 1983$3,578.848 billion
third quarter 1983$3,689.179 billion
fourth quarter 1983$3,794.706 billion
first quarter 1984$3,908.054 billion
second quarter 1984$4,009.601 billion
third quarter 1984$4,084.25 billion
fourth quarter 1984$4,148.551 billion
first quarter 1985$4,230.168 billion
second quarter 1985$4,294.887 billion
third quarter 1985$4,386.773 billion
fourth quarter 1985$4,444.094 billion
first quarter 1986$4,507.894 billion
second quarter 1986$4,545.34 billion
third quarter 1986$4,607.669 billion
fourth quarter 1986$4,657.627 billion
first quarter 1987$4,722.156 billion
second quarter 1987$4,806.16 billion
third quarter 1987$4,884.555 billion
fourth quarter 1987$5,007.994 billion
first quarter 1988$5,073.372 billion
second quarter 1988$5,190.036 billion
third quarter 1988$5,282.835 billion
fourth quarter 1988$5,399.509 billion
first quarter 1989$5,511.253 billion
second quarter 1989$5,612.463 billion
third quarter 1989$5,695.365 billion
fourth quarter 1989$5,747.237 billion
first quarter 1990$5,872.701 billion
second quarter 1990$5,960.028 billion
third quarter 1990$6,015.116 billion
fourth quarter 1990$6,004.733 billion
first quarter 1991$6,035.178 billion
second quarter 1991$6,126.862 billion
third quarter 1991$6,205.937 billion
fourth quarter 1991$6,264.54 billion
first quarter 1992$6,363.102 billion
second quarter 1992$6,470.763 billion
third quarter 1992$6,566.641 billion
fourth quarter 1992$6,680.803 billion
first quarter 1993$6,729.459 billion
second quarter 1993$6,808.939 billion
third quarter 1993$6,882.098 billion
fourth quarter 1993$7,013.738 billion
first quarter 1994$7,115.652 billion
second quarter 1994$7,246.931 billion
third quarter 1994$7,331.075 billion
fourth quarter 1994$7,455.288 billion
first quarter 1995$7,522.289 billion
second quarter 1995$7,580.997 billion
third quarter 1995$7,683.125 billion
fourth quarter 1995$7,772.586 billion
first quarter 1996$7,868.468 billion
second quarter 1996$8,032.84 billion
third quarter 1996$8,131.408 billion
fourth quarter 1996$8,259.771 billion
first quarter 1997$8,362.655 billion
second quarter 1997$8,518.825 billion
third quarter 1997$8,662.823 billion
fourth quarter 1997$8,765.907 billion
first quarter 1998$8,866.48 billion
second quarter 1998$8,969.699 billion
third quarter 1998$9,121.097 billion
fourth quarter 1998$9,293.991 billion
first quarter 1999$9,411.682 billion
second quarter 1999$9,526.21 billion
third quarter 1999$9,686.626 billion
fourth quarter 1999$9,900.169 billion
first quarter 2000$10,002.179 billion
second quarter 2000$10,247.72 billion
third quarter 2000$10,318.165 billion
fourth quarter 2000$10,435.744 billion
first quarter 2001$10,470.231 billion
second quarter 2001$10,599 billion
third quarter 2001$10,598.02 billion
fourth quarter 2001$10,660.465 billion
first quarter 2002$10,783.5 billion
second quarter 2002$10,887.46 billion
third quarter 2002$10,984.04 billion
fourth quarter 2002$11,061.433 billion
first quarter 2003$11,174.129 billion
second quarter 2003$11,312.766 billion
third quarter 2003$11,566.669 billion
fourth quarter 2003$11,772.234 billion
first quarter 2004$11,923.447 billion
second quarter 2004$12,112.815 billion
third quarter 2004$12,305.307 billion
fourth quarter 2004$12,527.214 billion
first quarter 2005$12,767.286 billion
second quarter 2005$12,922.656 billion
third quarter 2005$13,142.642 billion
fourth quarter 2005$13,324.204 billion
first quarter 2006$13,599.16 billion
second quarter 2006$13,753.424 billion
third quarter 2006$13,870.188 billion
fourth quarter 2006$14,039.56 billion
first quarter 2007$14,215.651 billion
second quarter 2007$14,402.082 billion
third quarter 2007$14,564.117 billion
fourth quarter 2007$14,715.058 billion
first quarter 2008$14,706.538 billion
second quarter 2008$14,865.701 billion
third quarter 2008$14,898.999 billion
fourth quarter 2008$14,608.209 billion
first quarter 2009$14,430.902 billion
second quarter 2009$14,381.236 billion
third quarter 2009$14,448.882 billion
fourth quarter 2009$14,651.249 billion
first quarter 2010$14,764.61 billion
second quarter 2010$14,980.193 billion
third quarter 2010$15,141.607 billion
fourth quarter 2010$15,309.474 billion
first quarter 2011$15,351.448 billion
second quarter 2011$15,557.539 billion
third quarter 2011$15,647.68 billion
fourth quarter 2011$15,842.259 billion
first quarter 2012$16,068.805 billion
second quarter 2012$16,207.115 billion
third quarter 2012$16,319.541 billion
fourth quarter 2012$16,420.419 billion
first quarter 2013$16,648.189 billion
second quarter 2013$16,728.687 billion
third quarter 2013$16,953.838 billion
fourth quarter 2013$17,192.019 billion
first quarter 2014$17,197.738 billion
second quarter 2014$17,518.508 billion
third quarter 2014$17,804.228 billion
fourth quarter 2014$17,912.079 billion
first quarter 2015$18,063.529 billion
second quarter 2015$18,279.784 billion
third quarter 2015$18,401.626 billion
fourth quarter 2015$18,435.137 billion
first quarter 2016$18,525.933 billion
second quarter 2016$18,711.702 billion
third quarter 2016$18,892.639 billion
fourth quarter 2016$19,089.379 billion
first quarter 2017$19,280.084 billion
second quarter 2017$19,438.643 billion
third quarter 2017$19,692.595 billion
fourth quarter 2017$20,037.088 billion
first quarter 2018$20,328.553 billion
second quarter 2018$20,580.912 billion
third quarter 2018$20,798.73 billion
fourth quarter 2018$20,917.867 billion
first quarter 2019$21,111.6 billion
second quarter 2019$21,397.938 billion
third quarter 2019$21,717.171 billion
fourth quarter 2019$21,933.217 billion
first quarter 2020$21,751.238 billion
second quarter 2020$19,958.291 billion
third quarter 2020$21,704.437 billion
fourth quarter 2020$22,087.16 billion
first quarter 2021$22,704.65 billion
second quarter 2021$23,456.708 billion
third quarter 2021$23,998.844 billion
fourth quarter 2021$24,823.19 billion
first quarter 2022$25,259.992 billion
second quarter 2022$25,869.353 billion
third quarter 2022$26,335.374 billion
fourth quarter 2022$26,774.117 billion
first quarter 2023$27,241.282 billion
second quarter 2023$27,533.925 billion
third quarter 2023$28,064.032 billion
fourth quarter 2023$28,464.306 billion
first quarter 2024$28,793.191 billion
second quarter 2024$29,232.964 billion
third quarter 2024$29,568.256 billion
fourth quarter 2024$29,929.552 billion
first quarter 2025$30,171.979 billion
second quarter 2025$30,630.174 billion
third quarter 2025$31,180.493 billion
fourth quarter 2025$31,462.523 billion
first quarter 2026$31,906.274 billion
second quarter 2026$32,563.03 billion
Real GDP growth over time

Quarterly percent change in real gross domestic product from the preceding period, at a seasonally adjusted annual rate, as published. Each point is a stored quarterly print.

0.0%1.0%2.0%3.0%4.0%Apr ’25Jul ’25Oct ’25Jan ’26Apr ’260.0%1.0%2.0%3.0%4.0%Apr ’25Jul ’25Oct ’25Jan ’26Apr ’260.0%1.0%2.0%3.0%4.0%Apr ’25Jul ’25Oct ’25Jan ’26Apr ’26
-2.0%0.0%2.0%4.0%6.0%8.0%20222023202420252026-2.0%0.0%2.0%4.0%6.0%8.0%20222023202420252026-2.0%0.0%2.0%4.0%6.0%8.0%20222023202420252026
-40.0%-20.0%0.0%20.0%40.0%20182020202220242026-40.0%-20.0%0.0%20.0%40.0%20182020202220242026-40.0%-20.0%0.0%20.0%40.0%20182020202220242026
-40.0%-20.0%0.0%20.0%40.0%195019651980199520102025-40.0%-20.0%0.0%20.0%40.0%19501960197019801990200020102020-40.0%-20.0%0.0%20.0%40.0%19501960197019801990200020102020
  • Real GDP, percent change from preceding period 2.20% Apr 1, 2026

Source: U.S. Bureau of Economic Analysis (Gross Domestic Product), via GOVSPENDING.ORG, A191RL1Q225SBEA, Real gross domestic product, percent change from preceding period, quarterly, seasonally adjusted annual rate · as of · retrieved

More series in the data library
Data
Real GDP growth over time, the last print of each calendar quarter (a sample of the plotted line)
PeriodReal GDP, percent change from preceding period
second quarter 1947-1.00%
third quarter 1947-0.80%
fourth quarter 19476.40%
first quarter 19486.20%
second quarter 19486.80%
third quarter 19482.30%
fourth quarter 19480.50%
first quarter 1949-5.40%
second quarter 1949-1.40%
third quarter 19494.20%
fourth quarter 1949-3.30%
first quarter 195016.70%
second quarter 195012.70%
third quarter 195016.40%
fourth quarter 19507.90%
first quarter 19515.50%
second quarter 19517.10%
third quarter 19518.50%
fourth quarter 19510.90%
first quarter 19524.30%
second quarter 19520.80%
third quarter 19522.90%
fourth quarter 195213.80%
first quarter 19537.70%
second quarter 19533.10%
third quarter 1953-2.20%
fourth quarter 1953-5.90%
first quarter 1954-1.90%
second quarter 19540.40%
third quarter 19544.60%
fourth quarter 19548.10%
first quarter 195511.90%
second quarter 19556.70%
third quarter 19555.50%
fourth quarter 19552.40%
first quarter 1956-1.50%
second quarter 19563.30%
third quarter 1956-0.30%
fourth quarter 19566.80%
first quarter 19572.60%
second quarter 1957-0.90%
third quarter 19574.00%
fourth quarter 1957-4.10%
first quarter 1958-10.00%
second quarter 19582.70%
third quarter 19589.60%
fourth quarter 19589.70%
first quarter 19597.90%
second quarter 19599.30%
third quarter 19590.30%
fourth quarter 19591.10%
first quarter 19609.30%
second quarter 1960-2.10%
third quarter 19602.00%
fourth quarter 1960-5.00%
first quarter 19612.70%
second quarter 19617.00%
third quarter 19617.90%
fourth quarter 19618.10%
first quarter 19627.30%
second quarter 19623.70%
third quarter 19625.00%
fourth quarter 19621.30%
first quarter 19634.40%
second quarter 19634.60%
third quarter 19639.10%
fourth quarter 19632.60%
first quarter 19648.70%
second quarter 19644.40%
third quarter 19646.40%
fourth quarter 19641.20%
first quarter 196510.00%
second quarter 19655.20%
third quarter 19659.20%
fourth quarter 19659.50%
first quarter 196610.10%
second quarter 19661.40%
third quarter 19663.40%
fourth quarter 19663.30%
first quarter 19673.60%
second quarter 19670.20%
third quarter 19673.80%
fourth quarter 19673.10%
first quarter 19688.40%
second quarter 19686.90%
third quarter 19683.10%
fourth quarter 19681.60%
first quarter 19696.40%
second quarter 19691.20%
third quarter 19692.70%
fourth quarter 1969-1.90%
first quarter 1970-0.60%
second quarter 19700.60%
third quarter 19703.70%
fourth quarter 1970-4.20%
first quarter 197111.30%
second quarter 19712.20%
third quarter 19713.30%
fourth quarter 19710.90%
first quarter 19727.60%
second quarter 19729.40%
third quarter 19723.80%
fourth quarter 19726.90%
first quarter 197310.30%
second quarter 19734.40%
third quarter 1973-2.10%
fourth quarter 19733.90%
first quarter 1974-3.40%
second quarter 19741.00%
third quarter 1974-3.70%
fourth quarter 1974-1.50%
first quarter 1975-4.80%
second quarter 19752.90%
third quarter 19757.00%
fourth quarter 19755.50%
first quarter 19769.30%
second quarter 19763.00%
third quarter 19762.20%
fourth quarter 19762.90%
first quarter 19774.80%
second quarter 19778.00%
third quarter 19777.40%
fourth quarter 19770.00%
first quarter 19781.30%
second quarter 197816.40%
third quarter 19784.10%
fourth quarter 19785.50%
first quarter 19790.70%
second quarter 19790.40%
third quarter 19793.00%
fourth quarter 19791.00%
first quarter 19801.30%
second quarter 1980-8.00%
third quarter 1980-0.50%
fourth quarter 19807.70%
first quarter 19818.10%
second quarter 1981-2.90%
third quarter 19814.90%
fourth quarter 1981-4.30%
first quarter 1982-6.10%
second quarter 19821.80%
third quarter 1982-1.50%
fourth quarter 19820.20%
first quarter 19835.40%
second quarter 19839.40%
third quarter 19838.20%
fourth quarter 19838.60%
first quarter 19848.10%
second quarter 19847.10%
third quarter 19843.90%
fourth quarter 19843.30%
first quarter 19853.90%
second quarter 19853.60%
third quarter 19856.30%
fourth quarter 19853.00%
first quarter 19863.80%
second quarter 19861.80%
third quarter 19863.90%
fourth quarter 19862.20%
first quarter 19873.00%
second quarter 19874.40%
third quarter 19873.50%
fourth quarter 19877.00%
first quarter 19882.10%
second quarter 19885.40%
third quarter 19882.40%
fourth quarter 19885.40%
first quarter 19894.10%
second quarter 19893.10%
third quarter 19893.00%
fourth quarter 19890.80%
first quarter 19904.40%
second quarter 19901.50%
third quarter 19900.30%
fourth quarter 1990-3.60%
first quarter 1991-1.90%
second quarter 19913.20%
third quarter 19912.00%
fourth quarter 19911.40%
first quarter 19924.90%
second quarter 19924.40%
third quarter 19924.00%
fourth quarter 19924.20%
first quarter 19930.70%
second quarter 19932.30%
third quarter 19931.90%
fourth quarter 19935.60%
first quarter 19943.90%
second quarter 19945.50%
third quarter 19942.40%
fourth quarter 19944.70%
first quarter 19951.40%
second quarter 19951.20%
third quarter 19953.50%
fourth quarter 19952.70%
first quarter 19963.00%
second quarter 19966.80%
third quarter 19963.60%
fourth quarter 19964.20%
first quarter 19972.60%
second quarter 19976.80%
third quarter 19975.10%
fourth quarter 19973.50%
first quarter 19984.10%
second quarter 19983.80%
third quarter 19985.10%
fourth quarter 19986.60%
first quarter 19993.80%
second quarter 19993.40%
third quarter 19995.40%
fourth quarter 19996.70%
first quarter 20001.50%
second quarter 20007.50%
third quarter 20000.40%
fourth quarter 20002.40%
first quarter 2001-1.30%
second quarter 20012.50%
third quarter 2001-1.60%
fourth quarter 20011.10%
first quarter 20023.40%
second quarter 20022.50%
third quarter 20021.60%
fourth quarter 20020.50%
first quarter 20032.10%
second quarter 20033.60%
third quarter 20036.80%
fourth quarter 20034.70%
first quarter 20042.30%
second quarter 20043.10%
third quarter 20043.80%
fourth quarter 20044.10%
first quarter 20054.50%
second quarter 20052.00%
third quarter 20053.20%
fourth quarter 20052.20%
first quarter 20065.50%
second quarter 20061.00%
third quarter 20060.60%
fourth quarter 20063.50%
first quarter 20071.20%
second quarter 20072.50%
third quarter 20072.30%
fourth quarter 20072.50%
first quarter 2008-1.70%
second quarter 20082.40%
third quarter 2008-2.10%
fourth quarter 2008-8.50%
first quarter 2009-4.50%
second quarter 2009-0.70%
third quarter 20091.40%
fourth quarter 20094.40%
first quarter 20101.90%
second quarter 20103.90%
third quarter 20103.10%
fourth quarter 20102.10%
first quarter 2011-0.90%
second quarter 20112.70%
third quarter 2011-0.10%
fourth quarter 20114.60%
first quarter 20123.40%
second quarter 20121.80%
third quarter 20120.60%
fourth quarter 20120.50%
first quarter 20134.00%
second quarter 20131.10%
third quarter 20133.50%
fourth quarter 20133.50%
first quarter 2014-1.40%
second quarter 20145.30%
third quarter 20145.00%
fourth quarter 20142.00%
first quarter 20153.60%
second quarter 20152.50%
third quarter 20151.60%
fourth quarter 20150.70%
first quarter 20162.30%
second quarter 20161.30%
third quarter 20162.90%
fourth quarter 20162.20%
first quarter 20172.00%
second quarter 20172.30%
third quarter 20173.20%
fourth quarter 20174.60%
first quarter 20183.30%
second quarter 20182.10%
third quarter 20182.50%
fourth quarter 20180.60%
first quarter 20192.50%
second quarter 20193.40%
third quarter 20194.80%
fourth quarter 20192.80%
first quarter 2020-5.20%
second quarter 2020-28.00%
third quarter 202034.90%
fourth quarter 20204.60%
first quarter 20216.20%
second quarter 20217.10%
third quarter 20213.20%
fourth quarter 20216.80%
first quarter 2022-1.00%
second quarter 20220.60%
third quarter 20222.70%
fourth quarter 20222.70%
first quarter 20233.40%
second quarter 20232.20%
third quarter 20234.50%
fourth quarter 20233.60%
first quarter 20241.40%
second quarter 20243.60%
third quarter 20243.20%
fourth quarter 20242.40%
first quarter 20250.10%
second quarter 20254.00%
third quarter 20253.90%
fourth quarter 20250.20%
first quarter 20262.50%
second quarter 20262.20%
Cite gross domestic product

Cite the agency first. This paper is the place you read the figure, as of second quarter 2026.

  • APA U.S. Bureau of Economic Analysis (Gross Domestic Product), via GOVSPENDING.ORG. (2026, April 1). GDP, Gross domestic product, billions of dollars, quarterly, seasonally adjusted annual rate [Data set]. https://govspending.org/series/GDP/ Retrieved October 11, 2026, via The Fed Gazette, https://fedgazette.com/gdp/#chart-gdp-0
  • MLA U.S. Bureau of Economic Analysis (Gross Domestic Product), via GOVSPENDING.ORG. “GDP, Gross domestic product, billions of dollars, quarterly, seasonally adjusted annual rate.” GDP, Gross domestic product, billions of dollars, quarterly, seasonally adjusted annual rate, data as of 1 Apr. 2026, https://govspending.org/series/GDP/. Accessed 11 Oct. 2026 via The Fed Gazette, https://fedgazette.com/gdp/#chart-gdp-0.
  • Chicago U.S. Bureau of Economic Analysis (Gross Domestic Product), via GOVSPENDING.ORG. “GDP, Gross domestic product, billions of dollars, quarterly, seasonally adjusted annual rate.” Data as of April 1, 2026. https://govspending.org/series/GDP/. Retrieved October 11, 2026 via The Fed Gazette, https://fedgazette.com/gdp/#chart-gdp-0.
Cite real gdp, percent change from preceding period

Cite the agency first. This paper is the place you read the figure, as of second quarter 2026.

  • APA U.S. Bureau of Economic Analysis (Gross Domestic Product), via GOVSPENDING.ORG. (2026, April 1). A191RL1Q225SBEA, Real gross domestic product, percent change from preceding period, quarterly, seasonally adjusted annual rate [Data set]. https://govspending.org/series/A191RL1Q225SBEA/ Retrieved October 11, 2026, via The Fed Gazette, https://fedgazette.com/gdp/#chart-gdp-0
  • MLA U.S. Bureau of Economic Analysis (Gross Domestic Product), via GOVSPENDING.ORG. “A191RL1Q225SBEA, Real gross domestic product, percent change from preceding period, quarterly, seasonally adjusted annual rate.” A191RL1Q225SBEA, Real gross domestic product, percent change from preceding period, quarterly, seasonally adjusted annual rate, data as of 1 Apr. 2026, https://govspending.org/series/A191RL1Q225SBEA/. Accessed 11 Oct. 2026 via The Fed Gazette, https://fedgazette.com/gdp/#chart-gdp-0.
  • Chicago U.S. Bureau of Economic Analysis (Gross Domestic Product), via GOVSPENDING.ORG. “A191RL1Q225SBEA, Real gross domestic product, percent change from preceding period, quarterly, seasonally adjusted annual rate.” Data as of April 1, 2026. https://govspending.org/series/A191RL1Q225SBEA/. Retrieved October 11, 2026 via The Fed Gazette, https://fedgazette.com/gdp/#chart-gdp-0.

As of second quarter 2026 · U.S. Bureau of Economic Analysis (Gross Domestic Product), via GOVSPENDING.ORG · GDP, Gross domestic product, billions of dollars, quarterly, seasonally adjusted annual rate · Billions of Dollars · original series GDP on FRED · Retrieved

As of second quarter 2026 · U.S. Bureau of Economic Analysis (Gross Domestic Product), via GOVSPENDING.ORG · A191RL1Q225SBEA, Real gross domestic product, percent change from preceding period, quarterly, seasonally adjusted annual rate · Percent Change from Preceding Period · original series A191RL1Q225SBEA on FRED · Retrieved

Gross domestic product: what changed since the last print

The latest gross domestic product print is $32,563.03 billion for second quarter 2026, higher than the print before it, $31,906.274 billion for first quarter 2026. About a year earlier, for second quarter 2025, it was $30,630.174 billion, and the latest print is higher than that.

The latest real gdp, percent change from preceding period print is 2.20% for second quarter 2026, lower than the print before it, 2.50% for first quarter 2026. About a year earlier, for second quarter 2025, it was 4.00%, and the latest print is lower than that.

This paper says only whether the latest stored print is higher than, lower than, or the same as an earlier stored print, and prints both. It does not compute a difference or a percent.

PeriodGross domestic productReal GDP, percent change from preceding period
second quarter 2026$32,563.03 billion2.20%
first quarter 2026$31,906.274 billion2.50%
fourth quarter 2025$31,462.523 billion0.20%
third quarter 2025$31,180.493 billion3.90%
second quarter 2025$30,630.174 billion4.00%
first quarter 2025$30,171.979 billion0.10%
fourth quarter 2024$29,929.552 billion2.40%
third quarter 2024$29,568.256 billion3.20%
second quarter 2024$29,232.964 billion3.60%
first quarter 2024$28,793.191 billion1.40%
fourth quarter 2023$28,464.306 billion3.60%
third quarter 2023$28,064.032 billion4.50%

What the gross domestic product is, in plain English

Gross domestic product, or GDP, is the value of the goods and services produced in the United States in a period. The Bureau of Economic Analysis publishes it every quarter. The dollar figure on this page is the current-dollar level, so it includes the effect of price changes.

Real GDP removes the effect of price changes. The growth figure on this page is the Bureau’s own published percent change in real GDP from the preceding quarter, stated at an annual rate, and it is copied as printed. This paper does not compute growth from the dollar levels.

The Federal Reserve watches output alongside jobs and prices. GDP is revised as more data arrive, so a figure for an earlier quarter can differ from the one first printed. The values here are the latest stored prints.

GDP
The value of goods and services produced in the country in a period.
Real GDP
GDP with the effect of price changes removed.
Annual rate
A quarterly figure stated as if the pace held for a full year.
Seasonally adjusted
Smoothed for regular seasonal patterns, which is how this series is published.

Gross domestic product questions answered

What is the latest gross domestic product?

Gross domestic product was $32,563.03 billion for the second quarter 2026, and real GDP changed 2.20% from the preceding period for the second quarter 2026, according to the U.S. Bureau of Economic Analysis, via GOVSPENDING.ORG.

What is GDP?

Gross domestic product is the value of the goods and services produced in the United States in a period, published quarterly by the Bureau of Economic Analysis.

What is real GDP growth?

It is the Bureau of Economic Analysis’s percent change in real, inflation-adjusted GDP from the preceding quarter, stated at a seasonally adjusted annual rate.

How often does GDP update?

Quarterly, with revisions in later releases. The quarter for the latest print is shown beside the figure.

Does the Fed set GDP?

No. The Bureau of Economic Analysis measures it. The Federal Reserve watches it, with jobs and prices, when it sets the federal funds rate.

What does the as-of date mean?

It is the date the agency attached to the figure, and it is printed beside the figure. It can be earlier than today: a daily series is dated its business day, a weekly or monthly series is dated its week or month. The page also prints when this paper retrieved the file, so you can tell a late feed from a late print.

How do I cite a figure from this page?

Cite the agency first (U.S. Bureau of Economic Analysis, via GOVSPENDING.ORG). Then name The Fed Gazette as the place you read it. The Cite this panel on the page gives APA, MLA and Chicago lines built from the agency, the series name, the as-of date, the source URL and the date this paper retrieved the file.