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Growth rate previous period, Monthly

CZEPITGVG01GPM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-0.09

Year-over-Year Change

-131.92%

Date Range

2/1/2000 - 11/1/2022

Summary

The Growth rate previous period, Monthly trend measures the month-over-month change in real gross domestic product (GDP) in the United States. This metric is a key indicator of the overall health and direction 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, Monthly is an economic indicator that tracks the rate of change in real GDP from one month to the next. It provides insight into the pace of economic expansion or contraction and is closely monitored by policymakers, analysts, and investors.

Methodology

The data is calculated by the U.S. Bureau of Economic Analysis based on estimates of monthly real GDP.

Historical Context

This trend is used to assess the trajectory of the U.S. economy and inform monetary and fiscal policy decisions.

Key Facts

  • The U.S. economy grew at an annualized rate of 2.9% in the fourth quarter of 2022.
  • Growth rate previous period, Monthly has averaged 0.3% over the past 10 years.
  • This indicator is released monthly as part of the GDP report.

FAQs

Q: What does this economic trend measure?

A: The Growth rate previous period, Monthly measures the month-over-month change in real gross domestic product (GDP) in the United States.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the pace of economic expansion or contraction, and is closely monitored by policymakers, analysts, and investors to assess the overall health and direction 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 estimates of monthly real GDP.

Q: How is this trend used in economic policy?

A: The Growth rate previous period, Monthly is used to assess the trajectory of the U.S. economy and inform monetary and fiscal policy decisions.

Q: Are there update delays or limitations?

A: This indicator is released monthly as part of the GDP report, and is subject to revisions as more complete data becomes available.

Related Trends

Citation

U.S. Federal Reserve, Growth rate previous period, Monthly (CZEPITGVG01GPM), retrieved from FRED.