Producer Prices Index: Type of Goods: Investments Goods: Domestic for Hungary
Growth rate same period previous year, Quarterly
HUNPITGVG02GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.26
Year-over-Year Change
174.25%
Date Range
1/1/1999 - 10/1/2022
Summary
The growth rate same period previous year, Quarterly measures the year-over-year change in real GDP, providing insights into the pace of economic expansion or contraction.
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 tracks the annualized rate of change in real GDP compared to the same quarter in the previous year. It is a key indicator of the overall health and momentum of the U.S. economy and is closely monitored by policymakers, analysts, and investors.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts and survey data.
Historical Context
This trend is a critical input for assessing monetary and fiscal policy decisions by the Federal Reserve and Congress.
Key Facts
- Real GDP growth averaged 2.3% annually from 2010-2019.
- The U.S. economy contracted by 3.4% in 2020 due to the COVID-19 pandemic.
- GDP growth rebounded to 6.9% in Q4 2021 as the economy recovered.
FAQs
Q: What does this economic trend measure?
A: The growth rate same period previous year, Quarterly measures the year-over-year change in real GDP, providing insights into the pace of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: This metric is a critical indicator of the overall health and momentum of the U.S. economy, closely monitored by policymakers, analysts, and investors.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national accounts and survey data.
Q: How is this trend used in economic policy?
A: This trend is a crucial input for assessing monetary and fiscal policy decisions by the Federal Reserve and Congress.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Bureau of Economic Analysis, with a lag of approximately one month.
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Outstanding Total International Debt Securities to GDP for Hungary
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Nominal Total Credit to General Government, Adjusted for Breaks, for Hungary
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (HUNPITGVG02GYQ), retrieved from FRED.