Producer Prices Index: Economic Activities: Energy: Total for Czech Republic
Growth rate same period previous year, Quarterly
CZEPIEAEN01GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68.32
Year-over-Year Change
3128.59%
Date Range
1/1/2001 - 7/1/2022
Summary
The Growth rate same period previous year, Quarterly metric tracks the year-over-year change in economic output, providing insight into the pace of economic growth and recovery.
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 metric measures the percent change in real GDP compared to the same quarter in the previous year. It is a key indicator used by economists and policymakers to assess the overall health and trajectory of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on quarterly GDP reports.
Historical Context
This growth rate trend is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The highest quarterly growth rate on record was 33.8% in Q3 2020.
- Growth rates turned negative during the 2008-2009 recession.
- Positive growth signals an expanding economy, while negative growth indicates a recession.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the year-over-year percent change in real GDP, providing insight into the overall pace of economic growth or contraction.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a key indicator used by economists, policymakers, and investors to assess the health and trajectory of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on quarterly GDP reports.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions closely monitor this growth rate trend to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly, with a lag of several weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (CZEPIEAEN01GYQ), retrieved from FRED.