GDP Growth Rate

Source: FRED (A191RL1Q225SBEA) | Frequency: quarterly | Last updated: April 9, 2026

What This Means for You

GDP growth at 0.7% means the economy expanded at an annualized rate of 0.7% in the most recent quarter. For context, the long-run average for U.S. GDP growth is roughly 2-3% per year. Growth below 2% suggests the economy may be slowing. (Source: Bureau of Economic Analysis via FRED)

10-Year History

Historical Context

Over the past 10 years, the GDP Growth Rate has ranged from a low of -28.00% in April 2020 to a high of 34.90% in July 2020, with an average of approximately 2.77%. The current value of 0.70% is in the middle of its 10-year range. (Source: FRED via FRED)

Related Gdp Indicators

The GDP Growth Rate is part of the gdp category. Related indicators include: Gross Domestic Product (currently $31,442.5B), Real GDP (currently $24,066B). Nominal GDP measures total economic output in current dollars, while real GDP adjusts for inflation, providing a clearer picture of actual growth. The GDP growth rate (annualized quarterly change) is the most commonly cited figure. GDP per capita offers perspective on whether growth is keeping pace with population. All three measures together reveal whether the economy is expanding in real terms and whether that growth is broadly shared. (Source: Bureau of Economic Analysis via FRED)

What to Watch

Economists watch for two consecutive quarters of negative GDP growth, which is the commonly cited (though not official) recession threshold. The NBER Business Cycle Dating Committee, which officially dates recessions, considers additional factors including employment, income, and industrial production. GDP data is revised multiple times after initial release. Historical patterns do not guarantee future outcomes. (Source: BEA via FRED)

Limitations of This Data

GDP data is released quarterly and reflects conditions with a significant lag. The advance estimate comes roughly one month after the quarter ends, followed by second and third estimates that incorporate more complete data. Revisions between estimates can be substantial, sometimes changing the direction of growth. (Source: BEA via FRED) This data is released quarterly and reflects conditions as of the most recent reporting period. Economic data is frequently revised as more complete information becomes available; initial releases may differ significantly from final figures. This indicator measures one dimension of the economy and should be considered alongside other data for a more complete picture. (Source: FRED)

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