Current GDP Growth Rate

0.70%

Source: Bureau of Economic Analysis (BEA) | Updated daily

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What is the GDP Growth Rate?

Gross Domestic Product (GDP) growth measures how fast the economy is expanding. Positive growth means more goods and services are being produced.

Frequently Asked Questions

What is the current GDP growth rate?

The U.S. GDP growth rate is reported quarterly by the Bureau of Economic Analysis as a seasonally adjusted annual rate (SAAR).

Is GDP growth slowing?

GDP growth varies quarter to quarter. Trend growth for the U.S. economy is approximately 2.0% per year. Below-trend growth may signal an economic slowdown.