Production: Manufacturing: Total Manufacturing for France
Growth rate previous period, Quarterly
PRMNTO01FRQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.25
Year-over-Year Change
-80.87%
Date Range
4/1/1955 - 1/1/2025
Summary
The Growth rate previous period, Quarterly trend measures the quarterly change in real gross domestic product (GDP) over the prior period. This metric is a key indicator of overall economic performance and is closely watched by policymakers and analysts.
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
The Growth rate previous period, Quarterly statistic represents the quarter-over-quarter percent change in real GDP, providing insight into the pace of economic expansion or contraction. This data point is a widely used leading indicator for monitoring business cycles and informing monetary and fiscal policy decisions.
Methodology
The Bureau of Economic Analysis calculates this series based on the change in real GDP from the previous quarter.
Historical Context
The growth rate is a critical data point for the Federal Reserve and other policymakers in assessing the health of the U.S. economy and informing policy actions.
Key Facts
- Real GDP grew 2.9% in Q4 2022.
- The U.S. economy expanded 1.1% in Q3 2022.
- GDP growth slowed to 0.6% in Q2 2022.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Quarterly trend measures the quarter-over-quarter percent change in real gross domestic product (GDP), providing a snapshot of the pace of economic growth or contraction.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of overall economic performance and is closely watched by policymakers, economists, and market analysts to assess the health of the U.S. economy and inform policy decisions.
Q: How is this data collected or calculated?
A: The Bureau of Economic Analysis calculates this series based on the change in real GDP from the previous quarter.
Q: How is this trend used in economic policy?
A: The GDP growth rate is a critical data point for the Federal Reserve and other policymakers in assessing the health of the U.S. economy and informing monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The GDP growth rate data is released quarterly by the Bureau of Economic Analysis, with a typical delay of about one month after the end of the quarter.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (PRMNTO01FRQ657S), retrieved from FRED.