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macro

U.S. Real GDP Growth (Quarterly, Annualized)

Latest

2.2% q/q annualized

Methodology

## What this measures

How fast the U.S. economy grew in a quarter after inflation, expressed as an annual rate: the headline GDP number.

## Why it matters

Every AI economic scenario is defined partly by growth. A lasting move above the post-war norm would be the clearest macro sign that AI is changing the economy's speed.

## How to read it

Single quarters swing widely; read several quarters together and compare with the GDPNow and New York Fed nowcasts (macro.nowcast.gdpnow_qoq_saar, macro.nowcast.nyfed_qoq_saar).

## What it does not say

It doesn't separate growth from building AI (data centers, chips) from growth from using it. Early estimates are revised.

## Source

Bureau of Economic Analysis, series A191RL1Q225SBEA ("Real Gross Domestic Product, percent change from preceding period, SAAR"). Palanor pulls it from the FRED API (Federal Reserve Bank of St. Louis) nightly. Bureau of Economic Analysis data are in the public domain.

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