2021 to 2026 · percent. Shaded bands are NBER recessions, peak to trough.
2006 to 2026 · percent. Shaded bands are NBER recessions, peak to trough.
1947 to 2026 · percent. Shaded bands are NBER recessions, peak to trough.
What it is
Real gross domestic product, percentage change from the preceding quarter at an annual rate. Output is shown for context only: it is the thing the indicators lead, not a leading indicator itself.