Producer Prices Index: Type of Goods: Durable Consumer Goods: Total for Euro Area (19 Countries)
Growth rate previous period, Quarterly
EA19PITGCD01GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.23
Year-over-Year Change
N/A%
Date Range
4/1/2000 - 10/1/2022
Summary
The growth rate previous period, Quarterly trend measures the quarter-over-quarter percent change in a country's gross domestic product (GDP). This economic indicator is closely watched by policymakers and analysts to assess a nation's economic health and trajectory.
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 data series tracks the quarter-over-quarter percent change in real GDP, which is a comprehensive measure of a country's total economic output. The growth rate previous period, Quarterly is a leading indicator used to evaluate a nation's macroeconomic performance and guide policy decisions.
Methodology
The data is calculated from official GDP statistics reported by national statistical agencies.
Historical Context
Economists and policymakers analyze this trend to monitor a country's economic growth and make informed decisions about fiscal and monetary policy.
Key Facts
- GDP growth rate measures the change in a country's total economic output.
- Quarterly data provides a timely signal of economic trends.
- Positive growth rates indicate an expanding economy.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, Quarterly trend measures the quarter-over-quarter percent change in a country's gross domestic product (GDP), a comprehensive indicator of total economic output.
Q: Why is this trend relevant for users or analysts?
A: This leading indicator is closely watched by policymakers, investors, and economists to assess a nation's economic health and guide decisions about fiscal, monetary, and investment policies.
Q: How is this data collected or calculated?
A: The data is calculated from official GDP statistics reported by national statistical agencies.
Q: How is this trend used in economic policy?
A: Economists and policymakers analyze this trend to monitor a country's economic growth and make informed decisions about fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is typically published on a quarterly basis, with some delay relative to the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (EA19PITGCD01GPQ), retrieved from FRED.