United States Gross National Product

Gross National Product in the United States increased to 16188.90 USD Billion in the fourth quarter of 2013 from 16067.40 USD Billion in the third quarter of 2013. Gross National Product in the United States is reported by the U.S. Bureau of Economic Analysis. Gross National Product in the United States averaged 7843.43 USD Billion from 1950 until 2013, reaching an all time high of 16188.90 USD Billion in the fourth quarter of 2013 and a record low of 2096.40 USD Billion in the first quarter of 1950. This page provides - United States Gross National Product - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
16188.90 16067.40 16188.90 2096.40 16403.20 | 2014/06 1950 - 2013 USD Billion Quarterly
Constant Prices, SA

TO

United States Gross National Product
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GDP Last Previous Highest Lowest Forecast Unit
GDP Growth Rate 2.60 2013-12-31 4.10 17.20 -10.40 3.60 2014-06-30 Percent [+]
GDP Annual Growth Rate 2.60 2013-12-31 2.00 13.40 -4.10 3.20 2014-06-30 Percent [+]
GDP Constant Prices 15942.30 2013-11-15 15839.30 15942.30 2082.50 16185.19 2014-06-30 USD Billion [+]
Gross Fixed Capital Formation 2511.20 2013-11-15 2494.00 2700.70 1215.60 2581.08 2014-06-30 USD Billion [+]
Gross National Product 16188.90 2013-11-15 16067.40 16188.90 2096.40 16403.20 2014-06-30 USD Billion [+]
GDP per capita 45336.00 2012-12-31 44439.00 45431.00 15565.00 46636.52 2014-06-30 USD [+]
GDP per capita PPP 45336.00 2012-12-31 44439.00 45431.00 25748.00 46636.52 2014-06-30 USD [+]
GDP 15684.80 2012-12-31 14991.30 15684.80 520.53 16706.83 2014-06-30 USD Billion [+]
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Gross National Product | Notes
Gross National Product (GNP) measures the market value of all products and services produced during a certain period of time by labour and property supplied by the residents of a country. We can also say that Gross National Product is equivalent to the GDP when reduced by income earned within the domestic economy by overseas residents and expanded by income earned by residents from overseas investments.


RELATED NEWS

US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
US Industrial Production Slows in March  
Industrial production increased 0.7 percent in March after having advanced 1.2 percent in February. Yet, manufacturing output rose for the second straight month.
US Housing Starts Rise Below Forecasts  
Privately-owned housing starts in March were at a seasonally adjusted annual rate of 946,000. This is 2.8 percent above the revised February estimate of 920,000, but down 5.9 percent year-on-year.
US Inflation Rate Up to 1.5% in March  
US annual consumer prices accelerated to 1.5 percent in March, boosted by higher shelter and food cost. On a monthly basis, the inflation rate edged up to 0.2 percent, following a 0.1 percent increase in February.
US Retail Sales Beat Expectations in March  
Retail sales increased 1.1 percent over the previous month in March of 2014, up from a revised 0.7 percent rise in February. It is the biggest growth rate in 1-1/2 years.
US Consumer Sentiment Up to 9-Month High  
The Thomson Reuters/University of Michigan's consumer sentiment index increased to a preliminary reading of 82.6 in April of 2014, up from March’s final 80.0. It is the highest level since July of 2013, as current conditions and expectations surged.
US Jobless Claims Down to Nearly 7-Year Low  
In the week ending April 5, the advance figure for seasonally adjusted initial claims was 300,000, a decrease of 32,000 from the previous week's revised level. The last time initial claims were this low was May 12, 2007 when they were 297,000. There were no special factors impacting this week's initial claims.
US Unemployment Rate Steady at 6.7%  
In March of 2014, the number of unemployed persons was essentially unchanged at 10.5 million, and the unemployment rate held at 6.7 percent. Over the year, the number of unemployed persons and the jobless rate were down by 1.2 million and 0.8 percentage point, respectively.
MORE RELATED NEWS

LATEST NEWS

US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
Australia Inflation Rate Accelerates Further in Q1  
Australian annual consumer prices advanced 2.9 percent in the first three months of 2014, up from 2.7 percent in the previous quarter, but below market forecasts. The rise was driven by seasonal increases in cost of healthcare, transport and school fees, and by a large hike in tobacco duties.
Mexico Unemployment Rate Up to 4.8% in March  
Mexican unadjusted jobless rate rose to 4.8 percent in March of 2014, up from 4.65 percent in February and 4.51 percent a year earlier. Upon seasonal adjustment, the unemployment rate rose to its highest in more than one year to 5.25 percent.
Hong Kong Unemployment Rate Unchanged in March  
Hong Kong’ seasonally adjusted jobless rate remained steady at 3.1 percent for the third consecutive period in January to March of 2014, down from 3.5 percent a year earlier.
Hong Kong Inflation Rate Unchanged in March  
Hong Kong annual consumer prices rose 3.9 percent in March of 2014, the same rate recorded in February. In the first quarter of 2014, the inflation rate rose by 4.2 percent over a year earlier. The corresponding increase after netting out the effects of all Government's one-off relief measures was 3.8 percent.
China Cuts Reserve Ratio for Rural Banks  
The People's Bank of China decided to cut the reserve requirement ratio by 2 percentage points for rural commercial banks and by 0.5 percentage point for rural credit cooperatives, aiming to stimulate growth in some parts of the country. The cut will be effective from April 25th, 2014.
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