National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for Brazil
Growth rate previous period, Quarterly
NAEXKP02BRQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.04
Year-over-Year Change
-0.93%
Date Range
4/1/1996 - 1/1/2025
Summary
The growth rate previous period, Quarterly measures the quarter-over-quarter change in real Gross Domestic Product (GDP). This metric is a key indicator of economic health and performance.
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 trend represents the percentage change in real GDP from the previous quarter, adjusted for seasonal variations. It is a widely followed statistic that provides insight into the pace and direction of economic growth.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on its comprehensive quarterly GDP estimates.
Historical Context
Policymakers and analysts monitor this metric to gauge the strength of the overall economy and inform decisions around fiscal and monetary policy.
Key Facts
- The U.S. GDP growth rate averaged 2.3% from 1947 to 2022.
- Quarterly GDP growth turned negative in 2020 due to the COVID-19 pandemic.
- GDP growth is a primary measure of a country's economic expansion or contraction.
FAQs
Q: What does this economic trend measure?
A: This metric measures the quarter-over-quarter percentage change in real Gross Domestic Product (GDP), a comprehensive indicator of the overall economy.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a crucial barometer of economic health and performance, informing policy decisions and market analysis.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on its comprehensive quarterly GDP estimates.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this metric to gauge the strength of the overall economy and inform decisions around fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The GDP growth rate data is published quarterly with a brief delay to allow for comprehensive data collection and analysis.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (NAEXKP02BRQ657S), retrieved from FRED.