Gross Domestic Product, 2nd Quarter 2020 (Advance Estimate) and Annual Update
|
Q2 2020 (Adv)
|
-32.9%
|
|
Q1 2020 (3rd)
|
-5.0%
|
Real gross domestic product (GDP) decreased at an annual rate of 32.9 percent in the second quarter of 2020, according to the “advance” estimate released by the Bureau of Economic Analysis. In the first quarter of 2020, real GDP decreased 5.0 percent.
Gross Domestic Product, 2nd Quarter 2020 (Advance Estimate) and Annual Update
Revision Information
Effects of Selected Federal Pandemic Response Programs on Federal Government Receipts and Expenditures - PDF
Effects of Selected Federal Pandemic Response Programs on Federal Government Receipts and Expenditures - XLSX
Effects of Selected Federal Pandemic Response Programs on Personal Income - PDF
Effects of Selected Federal Pandemic Response Programs on Personal Income - XLSX
2020 Annual Update of the NIPAs
- Current-dollar and "real" GDP
- Percent change from preceding period
- Underlying Detail Tables
- Motor vehicles
- Prices and Output for Information and Communication Technologies
- Integrated Macroeconomic Accounts for the United States
- Estimates prepared for international comparisons based on the System of National Accounts
- Additional Tables
- COVID-19 and Recovery
- Data Archive Previously published estimates contain historical data and have since been revised.
- News Release Archive
- Vintage History of Quarterly Gross Domestic Product (GDP) and Gross Domestic Income (GDI) Estimates
What is Gross Domestic Product?
A comprehensive measure of U.S. economic activity. GDP is the value of the goods and services produced in the United States. The growth rate of GDP is the most popular indicator of the nation's overall economic health.
Contact Personnel
-
GDPLisa Mataloni
-
UpdateDave Wasshausen
-
UpdateErich Strassner
-
News MediaJeannine Aversa