National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Germany
Growth rate previous period, Quarterly
NAEXKP03DEQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.34
Year-over-Year Change
-135.24%
Date Range
4/1/1970 - 1/1/2025
Summary
The Growth rate previous period, Quarterly trend measures the quarterly percent change in real gross domestic product (GDP) compared to the previous quarter. This provides valuable insights into the pace and direction of economic growth.
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 indicator tracks the quarter-over-quarter growth rate of real GDP, which is a key measure of overall economic activity. It is widely used by economists, policymakers, and analysts to assess the health and trajectory of the U.S. economy.
Methodology
The data is calculated based on Bureau of Economic Analysis estimates of real GDP.
Historical Context
The growth rate is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- Quarterly GDP growth averaged 2.3% from 1947 to 2022.
- The fastest quarterly GDP growth on record was 16.9% in 1950.
- The largest quarterly GDP decline was -31.2% in 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Quarterly trend measures the percent change in real gross domestic product (GDP) from one quarter to the next.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into the pace and direction of economic growth, which is a key factor in assessing the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated based on Bureau of Economic Analysis estimates of real GDP.
Q: How is this trend used in economic policy?
A: The quarterly GDP growth rate is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly by the Bureau of Economic Analysis, with a delay of approximately one month after the end of the quarter.
Related Trends
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Infra-Annual Labor Statistics: Unemployment Total: From 15 to 24 Years for Germany
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National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Germany
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (NAEXKP03DEQ657S), retrieved from FRED.