What does the United States Gross Domestic Product table measure?

It measures the total market value of all final goods and services produced within the United States, broken down by expenditure components including personal consumption, private investment, net exports, and government spending.

How often is the US gross domestic product data published and how far back does it go?

The data is published quarterly by the Bureau of Economic Analysis, with historical series extending back to 1947 and updated regularly with each official release and revision.

What specific expenditure breakdowns are available in this table?

The table includes detailed breakdowns for personal consumption expenditures, fixed investment, changes in private inventories, exports, imports, and government consumption and investment across federal, state, and local levels.

How do constant prices differ from current prices in the United States GDP data?

Constant prices adjust for inflation using a reference base year to measure real economic growth, whereas current prices reflect nominal market values unadjusted for price changes over time.

US Gross Domestic Product (GDP)

Name: US Gross Domestic Product (GDP)
Creator: FRED (Federal Reserve Bank of St. Louis)
License: https://creativecommons.org/licenses/by/4.0/

US quarterly gross domestic product and growth rate, overall and by expenditure component, from the BEA.

Indicator	Q3-2026	Q2-2026	Q1-2026	Q4-2025	Q3-2025	Q2-2025	Q1-2025	Q4-2024	Q3-2024	Q2-2024	Q1-2024	Q4-2023	Q3-2023
Real GDP growth (annualized, quarter-on-quarter)1		1.5	2.1	0.5	4.4	3.8	-0.6	1.9	3.3	3.6	0.8	3.4	4.7
GDPNow - Nowcast (Atlanta FED)	5.02	1.54	1.24	4.24	3.47	2.9	-2.73	2.27	2.79	2.61	2.7	2.38	5.41
CONSTANT PRICES (2017)1
Gross Domestic Product (GDP)6		24,269.61	24,180.42	24,055.75	24,026.83	23,770.98	23,548.21	23,586.54	23,478.57	23,286.51	23,082.12	23,033.78	22,840.99
Real potential output (CBO)	24,200.44	24,070.94	23,945.14	23,811.22	23,680.15	23,548.52	23,414.66	23,271.54	23,126.9	22,979.03	22,828.95	22,678.16	22,527.57
Personal consumption expenditures2		16,829.68	16,687.73	16,665.22	16,585.88	16,445.69	16,345.79	16,320.89	16,165.77	16,009.64	15,857.7	15,789.72	15,671.91
Goods2		5,742.61	5,682.68	5,675.1	5,670.74	5,628.36	5,597.43	5,594.68	5,501.86	5,421	5,349.49	5,367.56	5,338.78
Durable goods		2,173.73	2,143.68	2,141.17	2,140.44	2,132.21	2,120.15	2,138.43	2,073.99	2,031.85	1,994.27	1,998.9	1,997.85
Nondurable goods		3,580.7	3,549.8	3,544.76	3,541.23	3,507.88	3,488.91	3,470.22	3,438.19	3,397.99	3,362.8	3,376.12	3,349.41
Services		11,110.32	11,026.61	11,011.66	10,939.62	10,842.34	10,773.64	10,752.15	10,685.07	10,606.76	10,524.36	10,441.94	10,353.83
Gross private domestic investment2		4,523.34	4,492.87	4,408.3	4,383.19	4,382.82	4,547.95	4,315.56	4,392.18	4,381.98	4,296.25	4,313.17	4,275.53
Fixed investment2		4,551.12	4,475.09	4,405.66	4,389.31	4,380.47	4,333.59	4,260.3	4,281.26	4,264.91	4,249.7	4,218.5	4,171.25
Nonresidential3		3,882.72	3,804.38	3,709.69	3,687.84	3,659.32	3,595.39	3,514.42	3,547.63	3,517.46	3,496.03	3,482.99	3,436.42
Construction structures		631.32	634.18	641.83	652.77	661.16	674.18	679.46	693.92	697.84	704.76	713.79	694.98
Equipment		1,550.54	1,502.05	1,447.94	1,432.89	1,414.67	1,386.03	1,320.56	1,334.98	1,309.01	1,281.42	1,279.9	1,269.55
Intellectual property products		1,726.49	1,690.53	1,636.77	1,615.57	1,593.77	1,539.02	1,514.98	1,517.09	1,507.29	1,504.8	1,480.65	1,465.49
Residential		748.03	745.66	760.99	764.26	778.53	788.78	790.69	782.47	792.17	796.18	780.63	777.72
Change in private inventories		-53.06	-16.69	-15.64	-23.94	-18.26	171.97	17.05	69.43	75.07	12.41	61.89	67.47
Net exports of goods and services2		-1,083.71	-1,001.82	-968.66	-955.49	-1,058.04	-1,380.72	-1,068.99	-1,064.9	-1,032.25	-964.14	-934.15	-926.17
Exports2		2,787.52	2,756.98	2,686.75	2,708.77	2,647.28	2,659.53	2,658.45	2,664.34	2,607.96	2,603.64	2,574.63	2,536.73
Goods		1,886.95	1,847.11	1,769.43	1,777.09	1,741.04	1,762.07	1,735.51	1,752.84	1,717.71	1,716.19	1,716.52	1,690.02
Services		907.95	915.83	920.07	933.79	908.67	900.97	924.3	913.95	892.8	890.08	861.72	850.21
Imports2		3,871.23	3,758.8	3,655.41	3,664.27	3,705.32	4,040.25	3,727.45	3,729.23	3,640.21	3,567.78	3,508.78	3,462.9
Goods		3,148.15	3,034.02	2,919.47	2,937	2,991.76	3,332.21	3,000.95	3,024.4	2,960.92	2,897.66	2,846.34	2,826.95
Services		722.02	721.43	728.94	721.53	710.42	712.51	723.24	703.8	679.13	669.53	661.52	636.63
Government consumption expenditures and gross investment2		3,990.54	4,000.21	3,957.1	4,014.98	3,992.97	3,993.92	4,003.78	3,971.28	3,919.17	3,887.06	3,865.06	3,821.24
Federal2		1,475.89	1,491.86	1,458.65	1,526.55	1,516.6	1,537.22	1,559.48	1,542.94	1,511.47	1,495.78	1,492.76	1,480.35
National defense		871.22	866.1	861.52	886.35	874.21	872.33	888.04	878.18	850.86	836.75	842.33	838.08
Nondefense		603.76	625.44	596.67	639.71	642	664.75	671.22	664.56	660.68	659.26	650.44	642.22
State and local		2,512.8	2,506.96	2,496.89	2,487.4	2,475.3	2,456.3	2,444.69	2,428.54	2,407.34	2,390.72	2,372.02	2,340.86
Residual		-110.96	-101.39	-109.91	-101.81	-80.36	-6.17	-36.56	-26.44	-20.8	-24.67	-35.22	-33.1
CURRENT PRICES1
Gross Domestic Product (GDP)5		32,486.07	31,865.72	31,422.53	31,098.03	30,485.73	30,042.11	29,825.18	29,511.66	29,147.04	28,708.16	28,424.72	28,074.85
Nominal potential output (CBO)	32,126.77	31,750.77	31,370.15	31,029.62	30,600.81	30,200.37	29,871.73	29,426.93	29,069.62	28,762.15	28,393.34	27,985.82	27,689.55
Personal consumption expenditures2		22,100.13	21,634.95	21,363.35	21,111.17	20,789.93	20,554.98	20,351.29	20,032.82	19,756.09	19,443.83	19,190.6	18,961.85
Goods2		6,884.89	6,679.08	6,583.12	6,545.64	6,471.11	6,432.3	6,393.88	6,291.55	6,224.38	6,136.31	6,164.96	6,149.92
Durable goods		2,383.75	2,322.66	2,282.81	2,277.29	2,265.73	2,235.82	2,250.22	2,183.93	2,151.86	2,126.33	2,132.8	2,149.05
Nondurable goods		4,501.14	4,356.42	4,300.3	4,268.34	4,205.38	4,196.48	4,143.66	4,107.62	4,072.52	4,009.98	4,032.16	4,000.87
Services		15,215.24	14,955.87	14,780.24	14,565.53	14,318.82	14,122.68	13,957.42	13,741.27	13,531.71	13,307.52	13,025.64	12,811.93
Gross private domestic investment2		5,717.95	5,634.02	5,500.64	5,419.03	5,358.63	5,556.22	5,261.83	5,330.25	5,290.17	5,155.03	5,161.15	5,088.8
Fixed investment2		5,809.04	5,662.07	5,546.79	5,478.7	5,404.42	5,344.02	5,244.04	5,246.99	5,192.51	5,139.56	5,092.28	5,006.33
Nonresidential3		4,623.36	4,490.52	4,364.41	4,293.47	4,207.51	4,137.82	4,046.39	4,069.19	4,012.41	3,963.75	3,941.34	3,871.64
Construction structures		885.76	880.93	883.87	887.33	891.28	911.24	915.95	934.7	941.66	946.88	964.91	931.32
Equipment		1,864.84	1,783.08	1,701.3	1,669.43	1,625.04	1,579.11	1,502.17	1,515.72	1,478.52	1,440.6	1,426.35	1,411.24
Intellectual property products		1,872.76	1,826.51	1,779.24	1,736.71	1,691.2	1,647.48	1,628.27	1,618.77	1,592.23	1,576.27	1,550.08	1,529.09
Residential		1,185.68	1,171.55	1,182.38	1,185.22	1,196.91	1,206.2	1,197.65	1,177.8	1,180.09	1,175.81	1,150.94	1,134.69
Change in private inventories		-91.09	-28.05	-46.15	-59.67	-45.79	212.2	17.79	83.26	97.67	15.47	68.87	82.47
Net exports of goods and services2		-875.82	-819.96	-784.98	-756.57	-899.8	-1,264.6	-938.67	-938.33	-894.37	-822.48	-788.04	-765.54
Exports2		3,752.27	3,508.7	3,350.61	3,366.87	3,267.51	3,293.66	3,248.26	3,256.49	3,192.63	3,164.1	3,109.63	3,082.08
Goods		2,494.97	2,266.72	2,119.87	2,133.71	2,081.31	2,115.96	2,052.9	2,082.1	2,055.92	2,041.04	2,037.08	2,024.83
Services		1,257.3	1,241.99	1,230.74	1,233.16	1,186.2	1,177.7	1,195.36	1,174.39	1,136.71	1,123.06	1,072.55	1,057.25
Imports2		4,628.09	4,328.66	4,135.58	4,123.44	4,167.31	4,558.27	4,186.92	4,194.81	4,087	3,986.58	3,897.68	3,847.62
Goods		3,697.4	3,411.55	3,217.42	3,222.96	3,279.31	3,681.43	3,302.71	3,330.86	3,259.94	3,175.73	3,106.86	3,083.98
Services		930.69	917.11	918.16	900.48	888	876.83	884.21	863.95	827.06	810.85	790.81	763.63
Government consumption expenditures and gross investment2		5,543.81	5,416.72	5,343.51	5,324.4	5,236.97	5,195.52	5,150.73	5,086.92	4,995.15	4,931.78	4,861.01	4,789.73
Federal2		1,988.7	1,986.8	1,971.84	1,989.73	1,956.42	1,949.73	1,949.97	1,917.85	1,867.53	1,834.26	1,811.98	1,784.36
National defense		1,198.04	1,170.43	1,159.18	1,161.91	1,135.77	1,116.61	1,122.73	1,104.16	1,064.34	1,039.65	1,034.47	1,018.38
Nondefense		790.66	816.37	812.65	827.82	820.65	833.12	827.24	813.69	803.19	794.61	777.51	765.97
State and local		3,555.11	3,429.91	3,371.68	3,334.68	3,280.55	3,245.79	3,200.76	3,169.07	3,127.62	3,097.52	3,049.04	3,005.38

Latest reading

The latest reading is 24,269.61 USD billion, for Q2 2026. That is +0.4% from Q1 2026 and +2.1% from a year earlier. The series on this page is quarterly and runs from Q1 1947 to Q2 2026. Source: FRED (Federal Reserve Bank of St. Louis).

Latest: 24,269.61 USD billion; Q2 2026
vs previous period: +0.4%; Q1 2026
vs a year earlier: +2.1%

About this data

US quarterly gross domestic product and growth rate, overall and by expenditure component, from the BEA. The table provides annualized quarter-on-quarter growth, constant prices, current prices, consumption, investment, and government spending since 1947. Figures include breakdowns for durable goods, services, exports, imports, and federal and state government outlays.

Frequently asked questions

What does the United States Gross Domestic Product table measure?: It measures the total market value of all final goods and services produced within the United States, broken down by expenditure components including personal consumption, private investment, net exports, and government spending.
How often is the US gross domestic product data published and how far back does it go?: The data is published quarterly by the Bureau of Economic Analysis, with historical series extending back to 1947 and updated regularly with each official release and revision.
What specific expenditure breakdowns are available in this table?: The table includes detailed breakdowns for personal consumption expenditures, fixed investment, changes in private inventories, exports, imports, and government consumption and investment across federal, state, and local levels.
How do constant prices differ from current prices in the United States GDP data?: Constant prices adjust for inflation using a reference base year to measure real economic growth, whereas current prices reflect nominal market values unadjusted for price changes over time.