Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for France
Contribution to growth rate, over 1 year
FRACP070000CTGYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.16
Year-over-Year Change
-165.39%
Date Range
1/1/2010 - 3/1/2025
Summary
The 'Contribution to growth rate, over 1 year' measures the change in real gross domestic product (GDP) over a 12-month period. This metric provides insight into the overall health and momentum of the U.S. economy.
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 year-over-year change in real GDP, which is the total value of all goods and services produced in the United States adjusted for inflation. It is a key measure used by economists and policymakers to assess the pace of economic growth and expansion.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts data.
Historical Context
This trend is closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Key Facts
- The growth rate exceeded 2% in Q4 2022.
- The highest annual growth rate in the past decade was 7.0% in 2021.
- The lowest annual growth rate during the COVID-19 pandemic was -3.4% in 2020.
FAQs
Q: What does this economic trend measure?
A: The 'Contribution to growth rate, over 1 year' metric measures the year-over-year change in real gross domestic product (GDP), which is the total value of all goods and services produced in the United States adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the overall health and momentum of the U.S. economy, and is closely monitored by economists, policymakers, and market analysts to assess the pace of economic growth and expansion.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national accounts data.
Q: How is this trend used in economic policy?
A: The 'Contribution to growth rate, over 1 year' is closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Bureau of Economic Analysis, with a typical delay of several weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Contribution to growth rate, over 1 year (FRACP070000CTGYM), retrieved from FRED.