Environment
What happens when the president issues a disaster declaration?
Data • By Topic • Economy • Economic Indicators • Gross Domestic Product (GDP)
Real gross domestic product (GDP) is an official inflation-adjusted version of GDP calculated by the Bureau of Economic Analysis. Annual percent change in real GDP shows how much higher or lower it is relative to the previous year. The higher that real GDP is, the larger absolute increase required to achieve a certain growth rate, and vice versa.
