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Download seasonally adjusted Real Gross Domestic Product (Real GDP) historical data from the U.S. Department of Commerce: Bureau of Economic Analysis. The data starts from 1947 to present and is updated quarterly. This item creates a symbol whose name is '^REAL_GDP'. The time-series unit is 'Billions of Chained 2005 Dollars'. Chained dollars is a measure to calculate real prices. It calculates prices relative to a reference year.
Gross Domestic Product or GDP is a measure of a country's economic performance and is the sum of all final goods and services made in a country in a year period. More specifically, it is the sum of private consumption, gross investment, government spending, exports minus the imports.
'Real' means that the data was adjusted for changes in the value of money and thus the GDP is valued at a constant price level. The Real GDP is a better measure than the GDP because it allows us to determine whether the production has increased or decreased regardless of changes in the currency purchasing power.
Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.
