Real Gross Domestic Product is the output of an economy adjusted for inflation in prices

Real GDP is shown annualized, but on a non seasonally adjusted basis given the unusual impact of CoVid.
Potential GDP is a smoother, seasonally adjusted estimate based on projected growth in productivity and working age population - a projection unlikely to have taken CoVid’s impact into account as yet.

Real GDP Growth over Prior Quarter, Seasonally Adjusted Annualized Rate
Real GDP Growth over Prior Year, Seasonally Adjusted Annualized Rate
Real GDP Gap: 100 * (Real GDP - GDP Potential)/GDP Potential; Source: Real Potential Gross Domestic Product - Billions of Chained 2012 Dollars - Not Seasonally Adjusted
Capacity Utilization: Total Index - Percent of Capacity - Seasonally Adjusted G.17 Industrial Production and Capacity Utilization, Board of Governors of the Federal Reserve System (US) For a given industry, the capacity utilization rate is equal to an output index divided by a capacity index. The Federal Reserve Board’s capacity indexes attempt to capture the concept of sustainable maximum output-the greatest level of output a plant can maintain within the framework of a realistic work schedule, after factoring in normal downtime and assuming sufficient availability of inputs to operate the capital in place.
SOURCE: Employment Situation, U.S. Bureau of Labor Statistics

**The Unemployment Rate may be overstated by the inclusion of a growing elderly population

and understated by the exclusion of discouraged workers included in the working age population**

NOTE1: Monthly, Not Seasonally Adjusted
NOTE2: Population = Under 16 + Labor Force (i.e., Employed + Unemployed) + Over 16 Not in Labor Force
SOURCE: Employment Situation, U.S. Bureau of Labor Statistics

NOTE: Population = Under 16 + Labor Force (i.e., Employed + Unemployed) + Over 16 Not in Labor Force
SOURCE: Employment Situation, U.S. Bureau of Labor Statistics