U.S.A. GDP Measure
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A U.S.A. GDP Measure is a national GDP measure for a U.S. economy.
- Context:
- It can range from being a Past U.S. GDP Measure (such as a Raw U.S. GDP Measure or Inflation-Adjusted U.S. GDP Measure) to being a Predicted U.S. GDP Measure.
- It can be normalized by a U.S. per Capita GDP Measure.
- It can be tracked by a U.S. GDP Growth Rate.
- Example(s):
- U.S. 2016 GDP of 18,624 Billion USD.
- U.S. 2024 Predicted GDP.
- …
- Counter-Example(s):
- See: U.S. Economy Measure, U.S. GNP, U.S. Debt.
References
2016
- FRED. “Real Gross Domestic Product (GDPC1).” In: Home > Categories > National Accounts > National Income & Product Accounts > GDP/GNP
- QUOTE:
2014
- (Sakir, 2014) ⇒ Salman Sakir. (2014). “Why It’s Bad When a Country’s GDP Grows More Than the Income of Its People." personal blog post.
- QUOTE: The GDP of the United States increased significantly between 1967 and 2010. According to the Bureau of Economic Analysis, the US had a GDP of US 4.4 trillion in 1967 in chained 2009 dollars. By 2010, the GDP had increased enormously to US $14.8 trillion in chained 2009 dollars. An increase in GDP by US 10.4 trillion means that GDP grew by a compound annual growth rate (CAGR) of 2.9 percent.