National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Hungary
Growth rate previous period, Quarterly
NAEXKP03HUQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.19
Year-over-Year Change
-90.42%
Date Range
4/1/1995 - 1/1/2025
Summary
The Growth rate previous period, Quarterly series measures the percent change in real GDP from the previous quarter. This key indicator provides insight into the pace and direction of economic expansion or contraction.
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 metric tracks the quarter-over-quarter growth rate of real gross domestic product (GDP), which is the broadest measure of overall economic activity. It is a widely followed statistic used by economists, policymakers, and analysts to assess the health and trajectory of the U.S. economy.
Methodology
The data is calculated based on the Bureau of Economic Analysis' quarterly real GDP estimates.
Historical Context
Policymakers at the Federal Reserve and other institutions closely monitor this indicator to inform monetary and fiscal policy decisions.
Key Facts
- The average quarterly growth rate since 1947 is 1.4%.
- Growth rates can be positive or negative, indicating economic expansion or contraction.
- Rapid changes in the growth rate often precede recessions or recoveries.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Quarterly series measures the percent change in real GDP from the previous quarter. It provides insight into the pace and direction of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: This key economic indicator is closely watched by policymakers, economists, and market analysts as it offers timely insights into the overall health and trajectory of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated based on the Bureau of Economic Analysis' quarterly real GDP estimates.
Q: How is this trend used in economic policy?
A: Policymakers at the Federal Reserve and other institutions closely monitor this indicator to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a slight delay, by the Bureau of Economic Analysis.
Related Trends
Infra-Annual Labor Statistics: Employment Female: From 15 to 24 Years for Hungary
LFEM24FEHUA647N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Hungary
HUNCPHP1200IXOBM
Infra-Annual Labor Statistics: Labor Force Male: From 15 to 74 Years for Hungary
LFAC74MAHUQ647N
Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Hungary
LCEAMN01HUQ661S
Infra-Annual Labor Statistics: Unemployment Rate Total: 15 Years or over for Hungary
LRUNTTTTHUQ156S
Stock Market Total Value Traded to GDP for Hungary
DDDM02HUA156NWDB
Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (NAEXKP03HUQ657S), retrieved from FRED.