Figure 10. Nominal and real gross domestic product (4-quarter), 2019–26, % change from a year ago, US $ billions

Source: US Bureau of Economic Analysis, “Gross Domestic Product [GDP],” retrieved from FRED, Federal Reserve Bank of St. Louis, July 14, 2026; US Bureau of Economic Analysis, “Real Gross Domestic Product [GDPC1],” retrieved from FRED, Federal Reserve Bank of St. Louis, July 14, 2026.
Note: Shaded area indicates US recession.