U.S.A. GDP Measure
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A U.S.A. GDP Measure is a national GDP measure that can be used to create economic indicator systems (that support economic analysis tasks).
- AKA: U.S. Gross Domestic Product, American GDP Statistic, United States Economic Output Measure.
- Context:
- It can typically measure U.S. Economic Output through U.S. government statistical methods.
- It can typically quantify U.S. Economic Activity through U.S. GDP calculation formulas.
- It can typically track U.S. Economic Performance through U.S. economic reporting periods.
- It can typically assess U.S. Economic Health through U.S. economic assessment methods.
- It can typically represent U.S. Market Value of all U.S. final goods and U.S. services.
- ...
- It can often provide U.S. Economic Comparison through U.S. historical economic data.
- It can often enable U.S. Policy Decision through U.S. economic forecasts.
- It can often inform U.S. Investment Strategy through U.S. economic trend analysis.
- It can often support U.S. Budget Planning through U.S. economic projections.
- ...
- It can range from being a Raw U.S.A. GDP Measure to being an Adjusted U.S.A. GDP Measure, depending on its U.S. economic adjustment factors.
- It can range from being a Nominal U.S.A. GDP Measure to being a Real U.S.A. GDP Measure, depending on its U.S. inflation adjustment approach.
- It can range from being a Historical U.S.A. GDP Measure to being a Forecast U.S.A. GDP Measure, depending on its U.S. economic time frame.
- It can range from being a Quarterly U.S.A. GDP Measure to being an Annual U.S.A. GDP Measure, depending on its U.S. economic reporting period.
- ...
- It can be calculated by U.S. Bureau of Economic Analysis for U.S. economic reporting purposes.
- It can be reported in U.S. dollar values for U.S. economic standardization.
- It can be analyzed by U.S. economic analysts for U.S. economic trend identification.
- It can be normalized through U.S. per capita calculation for U.S. population-adjusted comparisons.
- It can be tracked through U.S. GDP growth rate calculation for U.S. economic performance evaluation.
- ...
- Examples:
- U.S.A. GDP Measure Time Periods, such as:
- Historical U.S.A. GDP Measures, such as:
- U.S.A. GDP Measure (1960) of 543 billion U.S. dollars, during early post-war economic expansion.
- U.S.A. GDP Measure (1980) of 2.9 trillion U.S. dollars, during stagflation economic period.
- U.S.A. GDP Measure (2000) of 10.3 trillion U.S. dollars, during dot-com economic boom.
- U.S.A. GDP Measure (2016) of 18.7 trillion U.S. dollars, during post-financial crisis recovery.
- U.S.A. GDP Measure (2023) of 27.36 trillion U.S. dollars, during post-pandemic economic recovery.
- Current U.S.A. GDP Measures, such as:
- Forecast U.S.A. GDP Measures, such as:
- Historical U.S.A. GDP Measures, such as:
- U.S.A. GDP Measure Types, such as:
- Nominal U.S.A. GDP Measures, such as:
- Real U.S.A. GDP Measures, such as:
- U.S.A. GDP Measure Normalizations, such as:
- U.S.A. Per Capita GDP Measures, such as:
- U.S.A. GDP Growth Rates, such as:
- ...
- U.S.A. GDP Measure Time Periods, such as:
- Counter-Examples:
- International GDP Measures, which measure non-U.S. economic output rather than U.S. economic output.
- U.S.A. GNP Measure, which includes U.S. overseas production but excludes foreign production in U.S..
- U.S.A. Income Measures, which track U.S. individual earnings rather than U.S. total production.
- U.S.A. Stock Market Measures, which represent U.S. equity valuations rather than U.S. total economic output.
- U.S.A. Debt Measures, which quantify U.S. financial obligations rather than U.S. economic production.
- Canada GDP, China GDP, Japan GDP, India GDP.
- See: National Economic Indicator, U.S.A. Economy Measure, U.S.A. GNP Measure, U.S.A. National Debt, U.S.A. Economic Growth Rate, International GDP Comparison.
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.