Obtain the data you need to make the most informed decisions by accessing our extensive portfolio of information, analytics, and expertise. Sign in to the product or service center of your choice.
Monthly US GDP declined 0.1% in February following a 0.3%
increase in January. The latter was revised up from the prior
estimate of no change (0.0%). The small decline in February was
more than accounted for by a decline in personal consumption
expenditures.
This and other declines were partially offset by an increase in
nonfarm inventory investment and an increase in the portion of
monthly GDP not covered by monthly source data. The level of GDP
averaged over January and February was 0.1% above the
fourth-quarter average at an annual rate. Implicit in our latest
estimate of 0.2% annualized GDP growth in the first quarter is a
0.1% (not annualized) increase in monthly GDP in March.
Our index
of Monthly GDP (MGDP) is a monthly indicator of real aggregate
output that is conceptually consistent with real Gross Domestic
Product (GDP) in the National Income and Product Accounts. The
Monthly GDP Index is consistent with the NIPAs for two reasons:
first, MGDP is calculated using much of the same underlying monthly
source data that is used in the calculation of GDP. Second, the
method of aggregation to arrive at MGDP is similar to that for
official GDP. Growth of MGDP at the monthly frequency is determined
primarily by movements in the underlying monthly source data, and
growth of MGDP at the quarterly frequency is nearly identical to
growth of real GDP.
Join our webinar as our subject matter experts walk through key trends affecting each stage of the supply chain and… https://t.co/mFpMs3XP5G
May 06
{"items" : [
{"name":"share","enabled":true,"desc":"<strong>Share</strong>","mobdesc":"Share","options":[ {"name":"facebook","url":"https://www.facebook.com/sharer.php?u=http%3a%2f%2fihsmarkit.com%2fresearch-analysis%2fus-monthly-gdp-index-for-february-2022.html","enabled":true},{"name":"twitter","url":"https://twitter.com/intent/tweet?url=http%3a%2f%2fihsmarkit.com%2fresearch-analysis%2fus-monthly-gdp-index-for-february-2022.html&text=US+Monthly+GDP+Index+for+February+2022+%7c+IHS+Markit+","enabled":true},{"name":"linkedin","url":"https://www.linkedin.com/sharing/share-offsite/?url=http%3a%2f%2fihsmarkit.com%2fresearch-analysis%2fus-monthly-gdp-index-for-february-2022.html","enabled":true},{"name":"email","url":"?subject=US Monthly GDP Index for February 2022 | IHS Markit &body=http%3a%2f%2fihsmarkit.com%2fresearch-analysis%2fus-monthly-gdp-index-for-february-2022.html","enabled":true},{"name":"whatsapp","url":"https://api.whatsapp.com/send?text=US+Monthly+GDP+Index+for+February+2022+%7c+IHS+Markit+ http%3a%2f%2fihsmarkit.com%2fresearch-analysis%2fus-monthly-gdp-index-for-february-2022.html","enabled":true}]}, {"name":"rtt","enabled":true,"mobdesc":"Top"}
]}