United States Real GDP Growth Rate, Year-over-Year
- United States Real GDP increased 1.6% year-over-year in Q1 2023, following an increase of 0.9% in the previous quarter.
- United States Real GDP Growth Rate, Year-over-Year averaged 3.4% from Q4 1871 to Q1 2023, reaching an all time high of 20.7% in Q1 1880 and a record low of -19.9% in Q2 1946.
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|Real GDP Growth Rate, Quarter-over-Quarter||Q1 2023||1.3||2.6||percent|
|Real GDP Growth Rate, Year-over-Year||Q1 2023||1.6||0.9||percent|
|Real Consumption Expenditures Growth Rate, Quarter-over-Quarter||Q1 2023||0.9||0.6||percent|
|Real Consumption Expenditures Growth Rate, Year-over-Year||Q1 2023||-0.3||-1.6||percent|
|Nominal GDP, National Currency||Q1 2023||26,486||26,138||billion|
|Nominal GDP, USD||Q1 2023||26,486||26,138||billion (USD)|