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Real Gross Domestic Product - Historical data

by The trader, 5250 days ago
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Download seasonally adjusted Real Gross Domestic Product (Real GDP) historical data from the U.S. Department of Commerce: Bureau of Economic Analysis. The data starts from 1947 to present and is updated quarterly. This item creates a symbol whose name is '^REAL_GDP'. The time-series unit is 'Billions of Chained 2005 Dollars'. Chained dollars is a measure to calculate real prices. It calculates prices relative to a reference year.

Gross Domestic Product or GDP is a measure of a country's economic performance and is the sum of all final goods and services made in a country in a year period. More specifically, it is the sum of private consumption, gross investment, government spending, exports minus the imports.
'Real' means that the data was adjusted for changes in the value of money and thus the GDP is valued at a constant price level. The Real GDP is a better measure than the GDP because it allows us to determine whether the production has increased or decreased regardless of changes in the currency purchasing power.

The GDP (not the real GDP) can be download using the following object: Gross Domestic Product - Historical data

NB: The data is updated quarterly. The downloader get all the available historical data, which begins on April 2009.


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Type: Download Script

Object ID: 185


Country:
United States

Market: Economic

Style:
Fundamental Analysis

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