Producer Prices Index: Type of Goods: Investments Goods: Domestic for Austria
Growth rate previous period, Quarterly
AUTPITGVG02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.73
Year-over-Year Change
284.19%
Date Range
4/1/2000 - 10/1/2022
Summary
The Growth rate previous period, Quarterly trend measures the quarter-over-quarter change in real GDP. This data point is a key indicator of economic growth and a metric 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
This series represents the annualized quarter-over-quarter growth rate of real Gross Domestic Product (GDP), a comprehensive measure of total economic output. The growth rate is calculated by comparing each quarter's GDP to the previous quarter, providing insight into the pace and direction of economic expansion or contraction.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on GDP statistics.
Historical Context
The GDP growth rate is a critical input for monetary and fiscal policy decisions by the Federal Reserve and government.
Key Facts
- The GDP growth rate averaged 2.3% annually from 1948-2022.
- Negative growth rates indicate an economic recession.
- Quarterly GDP growth data is released by the BEA approximately one month after each quarter ends.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Quarterly trend measures the quarter-over-quarter change in real Gross Domestic Product (GDP), a comprehensive indicator of overall economic activity.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a crucial metric for assessing the health and trajectory of the economy, informing the decisions of policymakers, businesses, 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 GDP statistics.
Q: How is this trend used in economic policy?
A: The GDP growth rate is a key input for monetary policy decisions by the Federal Reserve and fiscal policy by the government.
Q: Are there update delays or limitations?
A: The quarterly GDP growth data is released by the BEA approximately one month after each quarter ends.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (AUTPITGVG02GPQ), retrieved from FRED.