National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Austria
Growth rate previous period, Quarterly
NAEXKP03ATQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.18
Year-over-Year Change
-139.75%
Date Range
4/1/1988 - 4/1/2025
Summary
This economic indicator tracks the quarter-over-quarter growth rate of real gross domestic product (GDP) in the United States. It is a widely followed metric for assessing the overall health and momentum 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 represents the change in the total value of goods and services produced within the country during a given quarter, adjusted for inflation. It is a key macroeconomic indicator used by policymakers, analysts, and businesses to monitor economic performance and guide decision-making.
Methodology
The U.S. Bureau of Economic Analysis calculates this metric based on comprehensive national accounts data.
Historical Context
The GDP growth rate is closely watched by the Federal Reserve and other institutions to inform monetary and fiscal policy.
Key Facts
- The U.S. GDP growth rate averaged 2.3% annually from 1947 to 2022.
- Quarterly GDP growth rates can vary widely, from -31.2% to +33.8% historically.
- The GDP growth rate is a key input for the Federal Reserve's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarter-over-quarter percentage change in real gross domestic product (GDP) in the United States, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a widely followed metric for assessing the overall health and momentum of the U.S. economy, used by policymakers, analysts, and businesses to inform decision-making.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Economic Analysis calculates this metric based on comprehensive national accounts data.
Q: How is this trend used in economic policy?
A: The GDP growth rate is closely watched by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The GDP growth rate data is released quarterly by the Bureau of Economic Analysis, with a delay of approximately one month after the end of each quarter.
Related Trends
Infra-Annual Labor Statistics: Unemployment Rate Female: From 55 to 64 Years for Austria
LRUN55FEATA156N
Infra-Annual Labor Statistics: Working-Age Population Female: From 15 to 24 Years for Austria
LFWA24FEATA647S
Harmonized Index of Consumer Prices: Passenger Transport by Railway for Austria
CP0731ATM086NEST
Labor Compensation: Wage Rate: Industry: Hourly for Austria
LCWRIN01ATM661N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Austria
CPGREN01ATQ659N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Austria
AUTCP020000IXOBM
Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (NAEXKP03ATQ657S), retrieved from FRED.