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GDPFRED: GDPC1Macro

Real GDP

실질 GDP

1. Definition

BEA's inflation-adjusted GDP, released quarterly. Reported as quarter-over-quarter annualized. 2 consecutive negative quarters = technical recession.

2. Reading Guide

Three-stage release: Advance (first) → Second (revised) → Third (final). Major revisions possible at each stage.

3. ETF Trading Implications

Above 2% = healthy. 0–2% = slowdown. 2 negative quarters = recession. Markets price in *expectations* and *trend* before release.

4. Related ETFs

6. Frequently Asked Questions

Q. Is GDP a lagging indicator?

Yes. Q1 GDP is first released in late April → already priced in. *Leading indicators* are PMI and NFP. GDP is for *confirmation*.

Q. Technical vs official recession — what's the difference?

Technical = 2 consecutive negative quarters. *Official recession* is declared post-hoc by NBER (typically 1–2 years later).

Source · License

Source: BEA · U.S. Bureau of Economic Analysis

License: 공공 데이터 (분기 1회)

API: FRED GDPC1

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