Showing posts with label gdp. Show all posts
Showing posts with label gdp. Show all posts

Friday, June 5, 2026

Gross State Product for 2025

The US Bureau of Economic Analysis (BEA) released its Gross State Product (GSP) data for 2025 on April 9, 2026.

Usgovernmentspending.com has updated its individual state GSPs for 2025 for each state using the projected national GDP numbers from Table 10.1 in the Historical Tables for the Federal FY2027 Budget and the historical GDP data series from the BEA as a baseline.

Process:

  1. Click on link.
  2. Click on "Interactive Data" link
  3. Click on "Interactive Tables: GDP by State" link
  4. Click on "Annual Gross Domestic Product (GDP) by State"
  5. Click on "Summary Tables for GDP, personal income, and related data."
  6. Click on "SASUMMARY"
  7. Area: Select "All Areas"
  8. Statistic: Select "Real GDP..." and "Gross domestic product (GDP)"
  9. Click on Next Step button
  10. Time Period: Select "All Years"
  11. Click on Next Step button
  12. Click on Download button
  13. Select CSV 

Sunday, March 15, 2026

US GDP for 2025 Released

On March 15, 2026 usgovernmentspending.com updated its GDP series with the latest data from the Bureau of Economic Analysis,

The GDP series extends back to 1929.

Process:
  1. Click on link.
  2. Click on "Underlying Detail Tables." 
  3. Click on "view data in XLS or other formats."
  4. Click on "Section 1 Domestic Product and Income" link
  5. Save .xlsx file.

GDP, real and nominal, looks like this:

usgovernmentspending.com computes inflation rate as:

((This Year GDP - Last Year GDP)/Last Year GDP - (This Year Real GDP - Last Year Real GDP)/Last Year Real GDP)*100.

Tuesday, May 13, 2025

US Gross Output for 2024 Released

On May 13, 2025, usgovernmentspending.com updated its Gross Output series with the latest data from the Bureau of Economic Analysis, including nominal Gross Output for calendar 2024 of $47.837 trillion. Gross Output for some years previous to 2024 have been revised by BEA.

usgovernmentspending.com reports Gross Output on its Spending Details page and permits charting of spending and revenue as "percent of Gross Output".

The Gross Output series extends back to 1947.

Process:
  1. Click on link.
  2. Click on "Underlying Detail Tables." 
  3. Click on "view detail levels tables... in XLSX format."
  4. Click on "Gross Output by Industry" link
  5. Save .xlsx file.

Friday, January 31, 2025

US GDP for 2024 Updated

On January 31, 2025 usgovernmentspending.com updated its GDP series with the latest data from the Bureau of Economic Analysis, under "Supplemental Information & Additional Data" including nominal US GDP for third quarter 2024 of $29.375 trillion and real US GDP  for third quarter 2024 of $23.400 trillion in 2017 dollars. Real GDP is now expressed in 2017 dollars.

Up to now, usgovernmentspending.com has shown GDP for calendar years. But the OMB forecast for US GDP in Table 10.1 - Gross Domestic Product and Deflators Used in the Historical Tables uses GDP for the US federal government's fiscal year that ends every year on September 30. So we have changed GDP to the US fiscal year.

Thus GDP, real and nominal, looks like this:

usgovernmentspending.com computes inflation rate as:

((This Year GDP - Last Year GDP)/Last Year GDP - (This Year Real GDP - Last Year Real GDP)/Last Year Real GDP)*100.

Tuesday, December 31, 2024

US Gross Output for 2023 Released

On May 6, 2024, usgovernmentspending.com updated its Gross Output series with the latest data from the Bureau of Economic Analysis, including nominal Gross Output for calendar 2023 of $47.837 trillion. Gross Output for some years previous to 2023 have been revised by BEA.

usgovernmentspending.com reports Gross Output on its Spending Details page and permits charting of spending and revenue as "percent of Gross Output".

The Gross Output series extends back to 1947.

Process:
  1. Click on link.
  2. Click on "Underlying Detail Tables." 
  3. Click on "view detail levels tables... in XLSX format."
  4. Click on "Gross Output by Industry" link
  5. Save .xlsx file.

Tuesday, June 18, 2024

Gross State Product for 2023

The US Bureau of Economic Analysis (BEA) released its Gross State Product (GSP) data for 2023 on March 29, 2024.

Usgovernmentspending.com has updated its individual state GSPs for 2023 for each state using the projected national GDP numbers from Table 10.1 in the Historical Tables for the Federal FY2025 Budget and the historical GDP data series from the BEA as a baseline.

Click here to view a complete list of US states and their 2023 GSP growth rates.

Process:

  1. Click on link.
  2. Click on "Interactive Data" link
  3. Click on "Interactive Tables: GDP by State" link
  4. Click on "Annual Gross Domestic Product (GDP) by State"
  5. Click on "Summary Tables for GDP, personal income, and related data."
  6. Click on "SASUMMARY"
  7. Area: Select "All Areas"
  8. Statistic: Select "Real GDP..." and "Current-dollar GDP..."
  9. Click on Next Step button
  10. Time Period: Select "All Years"
  11. Click on Next Step button
  12. Click on Download button
  13. Select CSV 

Tuesday, June 6, 2023

Gross State Product for 2022

The US Bureau of Economic Analysis (BEA) released its Gross State Product (GSP) data for 2022 on March 31, 2023.

Usgovernmentspending.com has updated its individual state GSPs for 2022 for each state using the projected national GDP numbers from Table 10.1 in the Historical Tables for the Federal FY2024 Budget and the historical GDP data series from the BEA as a baseline.

Click here to view a complete list of US states and their 2022 GSP growth rates.

Process:

  1. Click on link.
  2. Click on "Interactive Data" link
  3. Click on "Interactive Tables: GDP by State" link
  4. Click on "Annual Gross Domestic Product (GDP) by State"
  5. Click on Gross Domestic Product (GDP) summary
  6. Areas: Select "All Areas"
  7. Statistic: Select "Real GDP..." and "Current-dollar GDP..."
  8. Click on Next Step button
  9. Time Period: Select "All Years"
  10. Click on Next Step button
  11. Click on Download Data button
  12. Select CSV 

Saturday, April 15, 2023

US Gross Output for 2022 Released

On April 15, 2023, usgovernmentspending.com updated its Gross Output series with the latest data from the Bureau of Economic Analysis, including nominal Gross Output for calendar 2022 of $45.9628 trillion. Gross Output for some years previous to 2022 have been revised by BEA.

usgovernmentspending.com reports Gross Output on its Spending Details page and permits charting of spending and revenue as "percent of Gross Output".

The Gross Output series extends back to 1947.

Process:
  1. Click on link.
  2. Click on "Underlying Detail Tables." 
  3. Click on "view detail levels tables... in XLSX format."
  4. Click on "Gross Output by Industry" link
  5. Save .xlsx file.

Friday, April 1, 2022

US Gross Output for 2021 Released

On April 01, 2022, usgovernmentspending.com updated its Gross Output series with the latest data from the Bureau of Economic Analysis, including nominal Gross Output for calendar 2021 of $41.171 trillion. Gross Output for some years previous to 2021 have been revised by BEA.

usgovernmentspending.com reports Gross Output on its Spending Details page and permits charting of spending and revenue as "percent of Gross Output".

The Gross Output series extends back to 1947.

Process:
  1. Click on link.
  2. Under "Additional Information" click on "Access Underlying Detail Tables." 
  3. Click on "view detail levels tables... in XLSX format."
  4. Click on "Gross Output by Industry" link
  5. Save .xlsx file.

Thursday, March 31, 2022

Gross State Product for 2021

The US Bureau of Economic Analysis (BEA) released its Gross State Product (GSP) data for 2020 on March 31, 2021.

Usgovernmentspending.com has updated its individual state GSPs for 2021 and projected nominal and real GSP through 2027 for each state using the projected national GDP numbers from Table 10.1 in the Historical Tables for the Federal FY2023 Budget and the historical GDP data series from the BEA as a baseline.

As before we have projected individual state GSPs out to 2027. 

Click here to view a complete list of US states and their 2021 GSP growth rates.

Process:

  1. Click on link.
  2. Click on "Interactive Data" link
  3. Click on "Interactive Tables: GDP by State" link
  4. Click on "Annual Gross Domestic Product (GDP) by State"
  5. Click on Gross Domestic Product (GDP) summary (SAGDP1)
  6. Areas: Select "All Areas"
  7. Statistic: Select "Real GDP..." and "Current-dollar GDP..."
  8. Click on Next Step button
  9. Time Period: Select "All Years"
  10. Click on Next Step button
  11. Click on Download Data button
  12. Select CSV 

Sunday, February 13, 2022

US GDP For 2021 Updated

On February 12, 2022 usgovernmentspending.com updated its GDP series with the latest data from the Bureau of Economic Analysis, under "Supplemental Information and Data" including nominal US GDP for calendar 2021 of $22.994 trillion and real US GDP  for calendar 2021 of $19.427 trillion in 2012 dollars. Real GDP is now expressed in 2012 dollars. GDP for years going back to 2015 have been revised by BEA.

Usgovernmentspending.com uses the BEA US GDP data series from 1929 to the present and measuringworth.com as its US GDP source from 1790 to 1928.

BEA will update the 2021 GDP data on February 24, 2022.

Sunday, March 28, 2021

Gross State Product for 2020

The US Bureau of Economic Analysis (BEA) released its Gross State Product (GSP) data for 2020 on March 25, 2021.

Usgovernmentspending.com has updated its individual state GSPs for 2020 and projected nominal and real GSP through 2025 for each state using the projected national GDP numbers from Table 10.1 in the Historical Tables for the Federal FY2022 Budget and the historical GDP data series from the BEA as a baseline.

As before we have projected individual state GSPs out to 2026. This "guesstimate" normally relies upon the US GDP forecast in the federal budget. But the federal budget for FY 22 is not expected until May. So the state GDP projections are based on last year's GDP projections. Obviously all projections in the immediate aftermath of the COVID-19 epidemic are questionable.

Click here to view a complete list of US states and their 2020 GSP growth rates.

Process:

  1. Click on link.
  2. Click on "Related Materials" tab.
  3. Save "Release Tables Only" link.

Saturday, March 27, 2021

US Gross Output for 2020 Released

On April 09, 2021, usgovernmentspending.com updated its Gross Output series with the latest data from the Bureau of Economic Analysis, including nominal Gross Output for calendar 2020 of $37.807 trillion. Gross Output for some years previous to 2020 have been revised by BEA.

usgovernmentspending.com reports Gross Output on its Spending Details page and permits charting of spending and revenue as "percent of Gross Output".

The Gross Output series extends back to 1947.

Process:
  1. Click on link.
  2. Under "Additional Information" click on "Access Underlying Detail Tables." 
  3. Click on "view data in XLSX format."
  4. Save .xlsx file.

US GDP for 2020 Updated

On March 27, 2021 usgovernmentspending.com updated its GDP series with the latest data from the Bureau of Economic Analysis, under "Supplemental Information and Data" including nominal US GDP for calendar 2020 of $20.937 trillion and real US GDP  for calendar 2020 of $18,426 trillion in 2012 dollars. Real GDP is now expressed in 2012 dollars. GDP for years going back to 2015 have been revised by BEA.


Usgovernmentspending.com uses the BEA US GDP data series from 1929 to the present and measuringworth.com as its US GDP source from 1790 to 1928.

Saturday, April 25, 2020

Gross State Product for 2019

The US Bureau of Economic Analysis (BEA) released its Gross State Product (GSP) data for 2019 on April 7, 2020.

Usgovernmentspending.com has updated its individual state GSPs for 2019 and projected nominal and real GSP through 2025 for each state using the projected national GDP numbers from Table 10.1 in the Historical Tables for the Federal FY2021 Budget and the historical GDP data series from the BEA as a baseline.

As before we have projected individual state GSPs out to 2025 by applying a factor to reflect each state's deviation from the national growth rate. (E.g. In 2014 the national real GDP expanded by 2.4 percent. But North Dakota grew by 6.3 percent, a deviation of nearly 4 percent. The deviation is reduced by 40 percent for each year after 2014, making the assumption that each state will slowly revert to the national norm.)

Click here to view a complete list of US states and their 2019 GSP growth rates.

Thursday, April 9, 2020

US Gross Output for 2019 Released

On April 09, 2020, usgovernmentspending.com updated its Gross Output series with the latest data from the Bureau of Economic Analysis, including nominal Gross Output for calendar 2019 of $37.807 trillion. Gross Output for some years previous to 2019 have been revised by BEA.

usgovernmentspending.com reports Gross Output on its Spending Details page and permits charting of spending and revenue as "percent of Gross Output".

The Gross Output series extends back to 1947.

Friday, March 27, 2020

US GDP for 2019 Updated

On March 26, 2020, usgovernmentspending.com updated its GDP series with the latest data from the Bureau of Economic Analysis, under "Supplemental Information and Data" including nominal GDP for calendar 2019 of $21.428 trillion and real GDP  for calendar 2019 of $19.073 trillion in 2012 dollars. Real GDP is now expressed in 2012 dollars. GDP for years going back to 2014 have been revised by BEA.

Usgovernmentspending.com uses the BEA GDP data series from 1929 to the present and measuringworth.com as its GDP source from 1790 to 1928.

Tuesday, May 21, 2019

Gross State Product for 2018

The US Bureau of Economic Analysis (BEA) released its Gross State Product (GSP) data for 2018 on May 1, 2019.

Usgovernmentspending.com has updated its individual state GSPs for 2018 and projected nominal and real GSP through 2024 for each state using the projected national GDP numbers from Table 10.1 in the Historical Tables for the Federal FY2020 Budget and the historical GDP data series from the BEA as a baseline.

As before we have projected individual state GSPs out to 2024 by applying a factor to reflect each state's deviation from the national growth rate. (E.g. In 2014 the national real GDP expanded by 2.4 percent. But North Dakota grew by 6.3 percent, a deviation of nearly 4 percent. The deviation is reduced by 40 percent for each year after 2014, making the assumption that each state will slowly revert to the national norm.)

Click here to view a complete list of US states and their 2018 GSP growth rates.

Friday, April 26, 2019

US Gross Output for 2018 Released

On April 26, 2019, usgovernmentspending.com updated its Gross Output series with the latest data from the Bureau of Economic Analysis, including nominal Gross Output for calendar 2018 of $36.462 trillion. Gross Output for some years previous to 2018 have been revised by BEA.

usgovernmentspending.com reports Gross Output on its Spending Details page and permits charting of spending and revenue as "percent of Gross Output".

The Gross Output series extends back to 1947.

Thursday, March 28, 2019

US GDP for 2018 Updated

On March 28, 2019, usgovernmentspending.com updated its GDP series with the latest data from the Bureau of Economic Analysis, under "Supplemental Information and Data" including nominal GDP for calendar 2018 of $20.494  trillion and real GDP  for calendar 2018 of $18.566 trillion in 2012 dollars. Real GDP is now expressed in 2012 dollars. GDP for some years previous to 2018 have been revised by BEA.

Usgovernmentspending.com uses the BEA GDP data series from 1929 to the present and measuringworth.com as its GDP source from 1790 to 1928.