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Growth rate previous period, Quarterly
BRAWPIATT01GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.53
Year-over-Year Change
-199.40%
Date Range
4/1/1970 - 10/1/2022
Summary
The growth rate previous period, Quarterly measures the quarter-over-quarter change in real GDP, providing insight into the pace and direction of economic growth.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator tracks the percentage change in real GDP from the previous quarter, offering a timely gauge of the overall health and trajectory of the U.S. economy. It is a closely watched metric used by policymakers, analysts, and businesses to inform decision-making.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on their quarterly GDP estimates.
Historical Context
The growth rate previous period is a key input for assessing monetary and fiscal policy decisions.
Key Facts
- The growth rate previous period was 2.9% in Q4 2022.
- Real GDP grew by 2.1% in 2022 overall.
- This indicator is released quarterly by the Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, Quarterly measures the quarter-over-quarter change in real gross domestic product (GDP), providing insight into the pace of economic growth.
Q: Why is this trend relevant for users or analysts?
A: This indicator is a closely watched metric used by policymakers, economists, and businesses to assess the overall health and trajectory of the U.S. economy, informing decisions around monetary policy, investments, and business strategy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on their quarterly GDP estimates.
Q: How is this trend used in economic policy?
A: The growth rate previous period is a key input for the Federal Reserve and other policymakers when evaluating the need for monetary policy adjustments to support economic stability and growth.
Q: Are there update delays or limitations?
A: The growth rate previous period data is released quarterly by the Bureau of Economic Analysis, with a typical delay of several weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (BRAWPIATT01GPQ), retrieved from FRED.