Growth Rate Previous Period, Quarterly, Seasonally Adjusted
NAEXKP02G7Q657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.71
Year-over-Year Change
-745.45%
Date Range
4/1/1962 - 4/1/2017
Summary
The 'Growth Rate Previous Period, Quarterly, Seasonally Adjusted' measures the quarter-over-quarter growth rate of the U.S. economy, a key indicator of economic performance and momentum.
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 series represents the annualized percentage change in real GDP from the previous quarter, adjusted for seasonal variations. It provides a timely snapshot of the economy's health and direction, informing policy decisions and market analysis.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on their comprehensive national accounts.
Historical Context
Policymakers and economists closely monitor this metric to gauge the pace of economic expansion or contraction.
Key Facts
- The U.S. economy grew at an annualized rate of 2.9% in Q4 2022.
- GDP growth has averaged 2.3% annually over the past decade.
- Negative growth rates signal economic recessions.
FAQs
Q: What does this economic trend measure?
A: This metric measures the quarter-over-quarter growth rate of the U.S. real gross domestic product (GDP), adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a critical indicator of the economy's health and momentum, informing policy decisions, investment strategies, and economic forecasts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of their comprehensive national accounts.
Q: How is this trend used in economic policy?
A: Policymakers, including the Federal Reserve, closely monitor GDP growth to assess the state of the economy and guide monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The GDP growth rate data is released quarterly, with a lag of about a month after the end of the reference period.
Related Trends
Infra-Annual Labor Statistics: Employment Female: 15 Years or over for G7
G7LFEMTTFEGPQ
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for G7
G7PRINTO01IXOBSAM
Infra-Annual Labor Statistics: Employment Rate Male: 15 Years or over for G7
G7LREMTTMASTQ
Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for G7
G7LFEM24TTGPQ
Infra-Annual Labor Statistics: Unemployment Male: From 15 to 24 Years for G7
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Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 64 Years for G7
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (NAEXKP02G7Q657S), retrieved from FRED.