GDPC1 | R Documentation |
GDPC1
Real Gross Domestic Product
data(GDPC1)
An xts
object of Real Gross Domestic Product.
Release: Gross Domestic Product
Seasonal Adjustment: Seasonally Adjusted Annual Rate
Frequency: Quarterly
Units: Billions of Chained 2012 Dollars
Date Range: 1947-01-01 to 2021-07-01
Last Updated 2021-12-22 7:53 AM CST
Real gross domestic product is the inflation adjusted value of the goods and services produced by labor and property located in the United States.
For more information see the Guide to the National Income and Product Accounts of the United States (NIPA) - https://www.bea.gov/resources/methodologies/nipa-handbook.
BEA Account Code: A191RX
U.S. Bureau of Economic Analysis https://fred.stlouisfed.org/data/GDPC1.txt
data(GDPC1) log_RGDP <- 100*log(GDPC1) gdp_cycle <- yth_filter(log_RGDP, h = 8, p = 4, output = c("cycle", "random"), family = gaussian) main <- "Log of Real GDP cycle and random walk" plot(gdp_cycle, grid.col = "white", legend.loc = "topright", main = main)
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