National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Australia
Growth rate same period previous year, Quarterly
NAEXKP04AUQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.89
Year-over-Year Change
-34.28%
Date Range
1/1/1961 - 1/1/2025
Summary
This economic trend measures the year-over-year growth rate of real GDP in the United States on a quarterly basis. It is an important indicator of the overall health and performance 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 Growth rate same period previous year, Quarterly trend tracks the year-over-year percentage change in real gross domestic product (GDP) in the United States. This data point is widely used by economists, policymakers, and analysts to assess the trajectory of the broader economy and make informed decisions.
Methodology
The U.S. Bureau of Economic Analysis (BEA) calculates this metric using quarterly GDP data.
Historical Context
Policymakers often monitor this trend to gauge the impact of their fiscal and monetary policies on economic growth.
Key Facts
- The U.S. economy grew 2.6% year-over-year in Q4 2022.
- GDP growth is a key driver of employment, inflation, and other economic indicators.
- Rapid GDP growth can lead to overheating and inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percentage change in real gross domestic product (GDP) in the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a fundamental indicator of the overall health and performance of the U.S. economy, making it highly relevant for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Economic Analysis (BEA) calculates this metric using quarterly GDP data.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor GDP growth to assess the effectiveness of their fiscal and monetary policies and make informed decisions to promote economic stability and prosperity.
Q: Are there update delays or limitations?
A: The GDP growth rate data is released by the BEA on a quarterly basis, with a lag of several weeks following the end of each quarter.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (NAEXKP04AUQ659S), retrieved from FRED.