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Tracker

Real GDP

The size of the US economy, inflation-adjusted.

$24.2T
Billions of chained 2017 dollars · latest, Jan 2026
1948-49 Recession1953-54 Recession1957-58 Recession1960-61 Recession1969-70 Recession1973-75 Recession1980 Recession1981-82 Recession1990-91 Recession2001 RecessionGlobal Financial CrisisCOVID-19 Recession$5T$10T$15T$20T19501960197019801990200020102020

Source: FRED · GDPC1 · series · Jan 1947 to Jan 2026 · latest-revised

Reading it. FRED standard endpoint returns latest-revised values; ALFRED/vintages deferred to Phase 3.

About the bands. Shaded spans are NBER-dated US recessions, drawn as factual overlays. They mark when the economy contracted, not why. Lining an event or policy up with a move on this chart is not evidence that it caused the move.