Producer Prices Index: Economic Activities: Manufacturing: Total for Austria
Growth rate previous period, Quarterly
AUTPIEAMP01GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.70
Year-over-Year Change
338.73%
Date Range
1/1/2000 - 10/1/2022
Summary
The Growth Rate Previous Period, Quarterly trend measures the percent change in real GDP from the previous quarter. This metric is a key indicator of 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 quarterly growth rate of real gross domestic product (GDP), which is the broadest measure of economic activity. Analyzing the rate of change in real GDP helps economists and policymakers assess the current phase of the business cycle and inform decisions.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on their comprehensive quarterly GDP estimates.
Historical Context
The growth rate in real GDP is closely watched by the Federal Reserve and other policymakers to guide monetary and fiscal policy decisions.
Key Facts
- GDP grew 6.9% in Q4 2021 compared to the previous quarter.
- The U.S. economy contracted 3.4% in 2020 due to the COVID-19 pandemic.
- Quarterly GDP growth has averaged 2.3% over the past 20 years.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarterly percent change in real gross domestic product (GDP), which is the broadest measure of economic output in the United States.
Q: Why is this trend relevant for users or analysts?
A: The growth rate in real GDP is a key signal of the overall health and momentum of the U.S. economy, and is closely watched by policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on their comprehensive quarterly GDP estimates.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers monitor the GDP growth rate to guide monetary and fiscal policy decisions aimed at promoting economic stability and full employment.
Q: Are there update delays or limitations?
A: The GDP growth rate data is released quarterly by the Bureau of Economic Analysis, with a lag of about one month after the end of each quarter.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (AUTPIEAMP01GPQ), retrieved from FRED.