Customer Logins

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.

Customer Logins

My Logins

All Customer Logins
S&P Global Market Intelligence

  • S&P Global
  • S&P Dow Jones Indices
  • S&P Global Market Intelligence
  • S&P Global Mobility
  • S&P Global Commodity Insights
  • S&P Global Ratings
  • S&P Global Sustainable1
Close
Discover more about S&P Global’s offerings
Investor Relations
  • Investor Relations Overview
  • Investor Presentations
  • Investor Fact Book
  • News Releases
  • Quarterly Earnings
  • SEC Filings & Reports
  • Executive Committee
  • Corporate Governance
  • Merger Information
  • Stock & Dividends
  • Shareholder Services
  • Contact Investor Relations
Languages
  • English
  • 中文
  • 日本語
  • 한국어
  • Português
  • Español
  • ไทย
About
  • About Us
  • Contact Us
  • Email Subscription Center
  • Media Center
  • Glossary
Product Login
S&P Global Market Intelligence
  • Who We Serve
  • Solutions
  • News & Insights
  • Events
  • Product Login
  • Request Follow Up
  •  
    • Academia
    • Commercial Banking
    • Corporations
     
    • Government & Regulatory Agencies
    • Insurance
    • Investment & Global Banking
     
    • Investment Management
    • Private Equity
    • Professional Services
  • WORKFLOW SOLUTIONS
    • Capital Formation
    • Credit and Risk Solutions
    • Data & Distribution
    • Economics & Country Risk
    • Sustainability
    • Financial Technology Solutions
     
    • Issuer & IR Solutions
    • Leveraged Loans
    • Post Trade Processing
    • Private Markets
    • Risk, Compliance, & Reporting
    • Supply Chain
    PRODUCTS
    • S&P Capital IQ Pro
    • S&P Global Marketplace
    • China Credit Analytics
    • Climate Credit Analytics
    • Credit Analytics
    • RatingsDirect ®
    • RatingsXpress ®
    • 451 Research
    See More S&P Global Solutions
     
    • Capital Access
    • Corporate Actions
    • KY3P ®
    • EDM
    • PMI™
    • BD Corporate
    • Bond Pricing
    • ChartIQ
  • CONTENT
    • Latest Headlines
    • Blog
    • Research
    • Videos
    • Infographics
    • Newsletters
    • Client Case Studies
    PODCASTS
    • Economics & Country Risk
    • IR in Focus
    • Maritime and Trade Talk
    • Masters of Risk
    • Next in Tech
    • Private Markets 360°
    • Street Talk
    SEE ALL EPISODES
    SECTOR-SPECIFIC INSIGHTS
    • Differentiated Data
    • Banking & Insurance
    • Energy
    • Maritime, Trade, & Supply Chain
    • Metals & Mining
    • Technology, Media, & Telecoms
    • Investment Research
    • Sector Coverage
    • Expert Directory
    More ways we can help
    NEWS & RESEARCH TOPICS
    • Credit & Risk
    • Cryptocurrency
    • Economics & Country Risk
    • Financial Services
    • Liquidity Crunch
    • Maritime & Trade
    • M&A
    • Sustainability & Climate
    • Technology
    See More
    • All Events
    • Webinars
    • Webinar Replays
    Featured Events
    WebinarExplore the Impact of Sustainability on the Real Estate Sector for 2024 and Beyond
    • 05/30/2023
    • Live, Online
    • 11:00 am - 12:00 pm EDT
    WebinarHow would you SCoRE your readiness? Preparing for SCoRE standards for Corporate Actions
    • 05/31/2023
    • Live, Online
    • 10:00 am - 11:00 am BST | 11 am - 12 pm CEST
    WebinarThe mining sector investment landscape in the wake of the Inflation Reduction Act
    • 06/01/2023
    • Live, Online
    • 10:00 am - 11:00 am EDT
  • PLATFORMS
    • S&P Capital IQ Pro
    • S&P Capital IQ
    • S&P Global China Credit Analytics
    OTHER PRODUCTS
    • Credit Analytics
    • Panjiva
    • Money Market Directories
     
    • Research Online
    • 451 Research
    See All Product Logins
BLOG Apr 03, 2022

US Monthly GDP Index for February 2022

Contributor Image
Ben Herzon
Contributor Image
William Magee

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.

US GDP historical numbers

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.

US GPD forecast 2022

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.

Posted 03 April 2022 by Ben Herzon, Executive Director, Research advisory specialty solutions, S&P Global Market Intelligence and

William Magee, Economist, Economics & Country Risk, S&P Global Market Intelligence


This article was published by S&P Global Market Intelligence and not by S&P Global Ratings, which is a separately managed division of S&P Global.

Previous Next
Recommended for you

Global Economy
Country Risk
Pricing & Purchasing

A World Rebalancing

Five themes driving the economics and risk outlook in 2023
Request full report

From neighborhood to nation we have you covered

Regional Explorer: Economics, risk, and data analytics
Learn more
Get a 360 degree perspective

Subscribe to our blog newsletter

Sign up
Related Posts
VIEW ALL
Blog Jun 01, 2023

US Monthly GDP Index for April 2023

Blog Jun 01, 2023

Weekly Pricing Pulse: A tepid Asian market ushers commodity prices lower

Blog May 30, 2023

Washing machine learning: Years of change in home appliance supply chains

VIEW ALL

Follow Us

Jun 01
EconomicsRisk@EconomicsRisk

RT @SPGlobalPMI: Australia’s manufacturing sector remained in downturn during May according to the Judo Bank Australia Manufacturing #PMI w…

Jun 01
Jun 01
EconomicsRisk@EconomicsRisk

RT @SPGlobalPMI: The @HCOB_Economics #Eurozone Manufacturing #PMI fell to 44.8 in May (April: 45.8) to signal the steepest decline in the h…

Jun 01
Jun 01
EconomicsRisk@EconomicsRisk

RT @SPGlobalPMI: #France’s manufacturing sector extended its downturn in May with a #PMI of 45.7 (April: 45.6), as inflationary pressures a…

Jun 01
Jun 01
EconomicsRisk@EconomicsRisk

RT @SPGlobalPMI: Japan’s manufacturing sector returned to growth with the au Jibun Bank Japan Manufacturing #PMI posting 50.6 (Apr: 49.5).…

Jun 01
{"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%2fwww.spglobal.com%2fmarketintelligence%2fen%2fmi%2fresearch-analysis%2fus-monthly-gdp-index-for-february-2022.html","enabled":true},{"name":"twitter","url":"https://twitter.com/intent/tweet?url=http%3a%2f%2fwww.spglobal.com%2fmarketintelligence%2fen%2fmi%2fresearch-analysis%2fus-monthly-gdp-index-for-february-2022.html&text=US+Monthly+GDP+Index+for+February+2022+%7c+S%26P+Global+","enabled":true},{"name":"linkedin","url":"https://www.linkedin.com/sharing/share-offsite/?url=http%3a%2f%2fwww.spglobal.com%2fmarketintelligence%2fen%2fmi%2fresearch-analysis%2fus-monthly-gdp-index-for-february-2022.html","enabled":true},{"name":"email","url":"?subject=US Monthly GDP Index for February 2022 | S&P Global &body=http%3a%2f%2fwww.spglobal.com%2fmarketintelligence%2fen%2fmi%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+S%26P+Global+ http%3a%2f%2fwww.spglobal.com%2fmarketintelligence%2fen%2fmi%2fresearch-analysis%2fus-monthly-gdp-index-for-february-2022.html","enabled":true}]}, {"name":"rtt","enabled":true,"mobdesc":"Top"} ]}
Filter Sort
  • About Us
  • Quality Program
  • Contact Us
  • Email Subscription Center
  • Press Releases
  • Careers
  • Corporate Responsibility
  • Our History
  • Investor Relations
  • Leadership
  • © 2023 S&P Global
  • Terms of Use
  • Cookie Notice
  • Privacy Policy
  • Disclosures
  • Do Not Sell My Personal Information