Producer Prices Index: Economic Activities: Industrial Activities: Total for Czech Republic
Growth rate previous period, Quarterly
CZEPIEATI01GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.97
Year-over-Year Change
-1886.02%
Date Range
4/1/1996 - 7/1/2022
Summary
The Growth Rate Previous Period, Quarterly trend measures the quarterly change in real gross domestic product (GDP), a key indicator of overall economic activity. This metric is closely monitored by economists and policymakers to assess the health and trajectory 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
The Growth Rate Previous Period, Quarterly statistic tracks the percentage change in real GDP from the previous quarter. It provides a snapshot of the economy's momentum and direction, helping analysts and decision-makers evaluate the pace of economic growth over time.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on their comprehensive GDP estimates.
Historical Context
This trend is widely referenced by the Federal Reserve, government agencies, and private sector analysts to inform economic policy and investment decisions.
Key Facts
- GDP growth rate averaged 2.3% annually from 2010-2019.
- The economy contracted by 3.4% in 2020 due to the COVID-19 pandemic.
- Quarterly GDP growth has fluctuated between -1.1% and 6.9% since 2018.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Quarterly metric measures the percentage change in real gross domestic product (GDP) from the prior quarter, providing insight into the pace of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: This GDP growth rate statistic is a crucial indicator of overall economic performance and is closely monitored by policymakers, businesses, and investors to gauge 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 their comprehensive GDP estimates.
Q: How is this trend used in economic policy?
A: The Growth Rate Previous Period, Quarterly metric informs decisions by the Federal Reserve, government agencies, and private sector analysts regarding monetary policy, fiscal measures, and investment strategies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis by the Bureau of Economic Analysis, with a typical delay of one month following the end of each quarter.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (CZEPIEATI01GPQ), retrieved from FRED.