Real Potential Gross Domestic Product
Returns the real potential GDP from FRED. Potential GDP represents the maximum sustainable output without creating inflation.
What This Measures
- Maximum sustainable output
- Full employment GDP
- Economic capacity
- Estimated by Congressional Budget Office
Data Source
Data is sourced from the Congressional Budget Office via FRED.
Notes
- Useful for calculating output gap (Actual GDP - Potential GDP)
- Positive output gap suggests inflation risk
- Negative output gap suggests economic slack
Examples
Potential GDP
=RealGDP()-RealPotentialGDP()When to Use
- Output gap analysis
- Inflation risk assessment
- Economic capacity research
- Fed policy analysis
When NOT to Use
Common Issues & FAQ
Q: What's the output gap? A: Actual GDP minus Potential GDP; negative means economic slack.
Q: Who estimates potential GDP? A: The Congressional Budget Office (CBO) makes official estimates.
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