Real Gross Domestic Product

Real gross domestic product (GDP) is the inflation adjusted value of all the finished goods and services produced within a region in a specific time period. GDP includes all private and public consumption, government outlays, investments and exports minus imports that occur within a defined territory. Put simply, GDP is a broad measurement of overall economic activity. US GDP (right axis below) is available quarterly , while state level GDP (left axis below) is only available on an annual basis.

 

 

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