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US real GDP growth over the year

Growth in inflation-adjusted output over the past four quarters.

Latest
2.2%
Q2 2026
Previous
2.6%
Q1 2026
Change
−0.4 pp
From the previous reading
Frequency
Quarterly
History from Q1 1948

Calculated by Take Profits

Year-over-year % = (real GDP this quarter ÷ real GDP four quarters earlier − 1) × 100. The inputs are the official series listed under Sources; the result is not published by the source in this form.
General information only: nothing on TakeProfits takes into account your objectives, financial situation or needs, and it isn't personal financial advice or a recommendation to buy or sell anything. Consider whether it suits you and get advice from a licensed adviser before acting. Market data may be delayed and comes from third-party sources.

US real GDP growth over the year

Growth in inflation-adjusted output over the past four quarters.

Shaded: US recessions (NBER)
Real GDP (year): 2.2% in Q2 2026 (previous 2.6% in Q1 2026). Since Q1 2017 the low was −7.4% (Q2 2020) and the high 12.6% (Q2 2021).
Real GDP (year)
2.2%
Q2 2026 · change −0.4 pp
Data table
Latest observations: US real GDP growth over the year
Period Real GDP (year) Source value (GDPC1)
Q2 2026 2.2% 24,408.011
Q1 2026 2.6% 24,274.383
Q4 2025 2.0% 24,125.479
Q3 2025 2.6% 24,112.966
Q2 2025 2.4% 23,884.563
Q1 2025 2.3% 23,650.213
Q4 2024 2.6% 23,641.759
Q3 2024 2.9% 23,501.76
Q2 2024 3.3% 23,320.074
Q1 2024 2.9% 23,115.975
Q4 2023 3.4% 23,033.25
Q3 2023 3.2% 22,828.796

About this indicator

What it measures
The change in real GDP (chained 2017 dollars) over four quarters.
How it is calculated
Calculated by us from the real GDP level: (GDP this quarter ÷ GDP in the same quarter a year earlier − 1) × 100.
How to read it
Smoother than the annualised quarterly rate, and on the same basis as Australia's headline growth figure.
Caveats
GDP is revised several times after its first estimate.
Frequency
Quarterly
Typical release
Quarterly with each GDP estimate.

Sources

  • Real Gross Domestic Product FRED series GDPC1 · Billions of chained 2017 dollars, seasonally adjusted annual rate 318 observations stored (1 Jan 1947 to 1 Apr 2026) · updated at source 2 Oct 2026 · the latest update attempt did not succeed, so stored values are shown View at the source (opens in a new tab)

Recent observations

Newest first. For a calculated figure, the source value it comes from is shown beside it.

Recent observations: US real GDP growth over the year
Period Real GDP (year) Source value (GDPC1) First recorded here
Q2 2026 2.2% 24,408.011 20 Oct 2026
Q1 2026 2.6% 24,274.383 20 Oct 2026
Q4 2025 2.0% 24,125.479 20 Oct 2026
Q3 2025 2.6% 24,112.966 20 Oct 2026
Q2 2025 2.4% 23,884.563 20 Oct 2026
Q1 2025 2.3% 23,650.213 20 Oct 2026
Q4 2024 2.6% 23,641.759 20 Oct 2026
Q3 2024 2.9% 23,501.76 20 Oct 2026
Q2 2024 3.3% 23,320.074 20 Oct 2026
Q1 2024 2.9% 23,115.975 20 Oct 2026
Q4 2023 3.4% 23,033.25 20 Oct 2026
Q3 2023 3.2% 22,828.796 20 Oct 2026
Q2 2023 2.7% 22,577.556 20 Oct 2026
Q1 2023 2.3% 22,456.938 20 Oct 2026
Q4 2022 1.2% 22,272.546 20 Oct 2026
Q3 2022 2.2% 22,124.384 20 Oct 2026
Q2 2022 2.3% 21,976.292 20 Oct 2026
Q1 2022 4.0% 21,945.682 20 Oct 2026
Q4 2021 5.8% 22,001.64 20 Oct 2026
Q3 2021 5.3% 21,641.672 20 Oct 2026
Q2 2021 12.6% 21,474.077 20 Oct 2026
Q1 2021 1.9% 21,106.619 20 Oct 2026
Q4 2020 −0.9% 20,791.917 20 Oct 2026
Q3 2020 −1.4% 20,558.879 20 Oct 2026

Revisions

We record a revision when a value we already hold changes at the source. Tracking began on 20 Oct 2026, so revisions made before then are not shown, and figures are in the source's own units.

No revisions detected

No stored value has changed since tracking began.

United States · Growth and employment

IMPORTANT FINANCIAL DISCLAIMER: The information provided on this platform is for educational and informational purposes only and should not be construed as investment advice. All investments involve risk, including potential loss of principal. Past performance does not guarantee future results. Take Profits is not a registered investment advisor and does not provide personalized investment advice. Users should conduct their own research and consult with qualified financial professionals before making investment decisions. Market data may be delayed and is provided by third-party sources.

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