National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Luxembourg
Growth rate previous period, Quarterly
NAEXKP01LUQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.02
Year-over-Year Change
-53.62%
Date Range
4/1/1995 - 1/1/2025
Summary
The Growth Rate Previous Period, Quarterly measures the quarter-over-quarter growth rate in real gross domestic product (GDP), a key indicator of overall economic activity.
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 represents the percent change in real GDP from the previous quarter, providing insight into the pace and direction of economic growth. It is closely watched by economists, policymakers, and market analysts to assess the health and trajectory of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on estimates of real GDP.
Historical Context
The growth rate is used to inform monetary and fiscal policy decisions and to evaluate the performance of the economy.
Key Facts
- GDP growth rate averaged 2.3% per quarter from 2010-2019.
- The fastest quarterly GDP growth in the last decade was 5.5% in Q3 2014.
- The largest quarterly GDP contraction was -9.0% in Q2 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Quarterly measures the quarter-over-quarter percent change in real gross domestic product (GDP), a key indicator of overall economic activity and growth.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists, policymakers, and market analysts as it provides timely insight into the pace and direction of the U.S. economy, informing decisions around monetary and fiscal policy.
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 real GDP.
Q: How is this trend used in economic policy?
A: The GDP growth rate is a key input for policymakers at the Federal Reserve and other institutions when making decisions around interest rates, stimulus measures, and other policies aimed at promoting economic stability and growth.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Bureau of Economic Analysis, with an approximately one-month delay from the end of the reference quarter.
Related Trends
Bank's Net Interest Margin for Luxembourg
DDEI01LUA156NWDB
Harmonized Index of Consumer Prices: Clothing Materials for Luxembourg
CP0311LUM086NEST
Number of Identified Exporters to Luxembourg from Alabama
ALLUXA475SCEN
Infra-Annual Labor Statistics: Employment Female: 15 Years or over for Luxembourg
LFEMTTFELUA647N
Sales: Retail Trade: Total Retail Trade: Volume for Luxembourg
LUXSLRTTO01GPSAM
Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 64 Years for Luxembourg
LFWA64TTLUQ647S
Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (NAEXKP01LUQ657S), retrieved from FRED.