National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for Sweden
Growth rate same period previous year, Quarterly
NAEXKP02SEQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.40
Year-over-Year Change
-92.87%
Date Range
1/1/1961 - 1/1/2025
Summary
This economic trend measures the growth rate of real gross domestic product (GDP) in the current quarter compared to the same quarter in the previous year. It provides insight into 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 GDP growth rate same period previous year is a key indicator used by economists and policymakers to evaluate the performance of the U.S. economy. It allows for year-over-year comparisons that control for seasonal factors, providing a more accurate assessment of long-term economic trends.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts data.
Historical Context
This metric is closely monitored by the Federal Reserve and other government agencies to inform policy decisions.
Key Facts
- Measures year-over-year growth in real GDP.
- Published quarterly by the U.S. Bureau of Economic Analysis.
- A key indicator of the overall health of the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the growth rate of real gross domestic product (GDP) in the current quarter compared to the same quarter in the previous year.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate same period previous year is a crucial indicator used by economists and policymakers to evaluate the long-term performance 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 using national accounts data.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by the Federal Reserve and other government agencies to inform policy decisions that affect the overall economy.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag, so there may be a delay in reflecting the most recent economic conditions.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (NAEXKP02SEQ659S), retrieved from FRED.