National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Denmark
Growth rate previous period, Quarterly
NAEXKP03DKQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.93
Year-over-Year Change
-61.26%
Date Range
4/1/1995 - 1/1/2025
Summary
This economic trend measures the quarter-over-quarter growth rate of real gross domestic product (GDP), a key indicator of overall economic performance in the United States.
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 growth rate previous period, quarterly metric provides insight into the momentum and trajectory of the U.S. economy. It is a widely followed statistic that economists and policymakers use to assess economic health and guide policy decisions.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on national accounts data.
Historical Context
This GDP growth rate is a critical input for understanding current economic conditions and forecasting future trends.
Key Facts
- The U.S. GDP growth rate averaged 2.3% from 1947 to 2022.
- Positive GDP growth indicates economic expansion, while negative growth signals a recession.
- Quarterly GDP growth data is a key input for the Federal Reserve's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter percentage change in real gross domestic product (GDP), which is the broadest indicator of overall economic activity in the United States.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a critical metric that provides insight into the momentum and trajectory of the U.S. economy. It is closely watched by economists, policymakers, and market participants to assess economic health and guide decision-making.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on national accounts data.
Q: How is this trend used in economic policy?
A: The GDP growth rate is a key input for the Federal Reserve's monetary policy decisions, as it helps the central bank evaluate the overall state of the economy and determine appropriate policy actions.
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 the reference quarter.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (NAEXKP03DKQ657S), retrieved from FRED.