Economic Activityquarterly
Nominal GDP
US gross domestic product in current dollars.
The Nominal GDP is currently $32B, last updated .
$32B
1W +1.38%1M +1.38%3M +1.38%
Updated 4h agoStatistical forecast 2026
Model-based central estimate, 68% and 95% confidence bands for Nominal GDP, blended across current macro regimes.
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Economic activity indicators reveal whether the economy is expanding or contracting in real time. ISM PMI readings above 50 signal expansion, while GDP growth tells the definitive story each quarter. Leading indicators like the Conference Board LEI can flag downturns months in advance, giving traders a head start on positioning.
No data available
AI Analysis
May 14, 2026Growth is decelerating on multiple fronts: GDPNow at 1.3%, housing permits -11.4% 3M, claims momentum rising, real wages -0.6%.
Recent Data
Download CSV| Date | Value | Change |
|---|---|---|
| Jan 1, 2026 | $32B | +1.38% |
| Oct 1, 2025 | $31B | +1.04% |
| Jul 1, 2025 | $31B | +2.01% |
| Apr 1, 2025 | $30B | +1.48% |
| Jan 1, 2025 | $30B | +0.73% |
| Oct 1, 2024 | $30B | +1.06% |
| Jul 1, 2024 | $30B | +1.25% |
| Apr 1, 2024 | $29B | +1.53% |
| Jan 1, 2024 | $29B | +1.00% |
| Oct 1, 2023 | $28B | +1.25% |
| Jul 1, 2023 | $28B | +1.98% |
| Apr 1, 2023 | $28B | +1.15% |
| Jan 1, 2023 | $27B | +1.67% |
| Oct 1, 2022 | $27B | +1.65% |
| Jul 1, 2022 | $26B | +1.84% |
| Apr 1, 2022 | $26B | +2.42% |
| Jan 1, 2022 | $25B | +1.76% |
| Oct 1, 2021 | $25B | +3.47% |
| Jul 1, 2021 | $24B | +2.38% |
| Apr 1, 2021 | $23B | +3.29% |
| Jan 1, 2021 | $23B | +2.69% |
| Oct 1, 2020 | $22B | +1.76% |
| Jul 1, 2020 | $22B | +8.75% |
| Apr 1, 2020 | $20B | — |
Related in Economic Activity
Real GDP
Inflation-adjusted GDP, the definitive measure of economic output.
Industrial Production
Industrial production index, measures factory, mining, and utility output.
Capacity Utilization
Industrial capacity utilization rate, high readings signal inflationary bottlenecks.
Retail Sales (ex Food Svc)
Advance retail sales excluding food services, consumer spending momentum.
Explore Further
Forecast 2026
Nominal GDP Outlook
Scenario-weighted forecast using regime implied approach.
Comparison
Nominal GDP vs Real GDP
Nominal GDP (FRED series GDP) measures total US output in current dollars; Real GDP (FRED GDPC1) strips out inflation by...
Comparison
Nominal GDP vs S&P 500
U.S. nominal GDP (FRED series GDP, Bureau of Economic Analysis) ran $31.3 trillion annualized as of the December 31, 202...
Comparison
Trade Balance vs Nominal GDP
The US trade balance (FRED:NETEXP) ran -57.3 billion in February 2026, full-year 2025 at -901.5 billion. Real GDP grew 2...
Category
All Economic Activity Data
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Frequently Asked Questions
▶What is Nominal GDP?
US gross domestic product in current dollars.
▶How does Nominal GDP relate to economic activity?
Nominal GDP is part of the Economic Activity category. Economic activity indicators reveal whether the economy is expanding or contracting in real time. ISM PMI readings above 50 signal expansion, while GDP growth tells the definitive story each quarter. Leading indicators like the Conference Board LEI can flag downturns months in advance, giving traders a head start on positioning.
▶How often is Nominal GDP updated?
Nominal GDP is updated once per quarter when the releasing agency publishes new data. Each metric page on Convex shows the exact time of the last data update and provides historical data going back up to five years.
▶Where does Convex source Nominal GDP data?
Convex sources Nominal GDP data from the Federal Reserve Economic Data (FRED) API, maintained by the Federal Reserve Bank of St. Louis. Data is fetched automatically and displayed alongside interactive charts, AI analysis, and historical context.
▶What can I do on the Nominal GDP chart page?
The Nominal GDP page includes an interactive chart with selectable time ranges (1 month to 5 years), percentage changes over multiple timeframes, a table of recent readings, AI-generated analysis, and links to related metrics and comparisons.
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Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated quarterly. This page is for informational purposes only and does not constitute financial advice.