National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Israel
Growth rate previous period, Annual
NAEXKP04ILA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-6.96
Year-over-Year Change
-236.17%
Date Range
1/1/1996 - 1/1/2024
Summary
The 'Growth rate previous period, Annual' measures the year-over-year change in real GDP, providing insight into 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
This annual growth rate reflects the percent change in real gross domestic product (GDP) compared to the previous year. It is a key indicator used by economists and policymakers to assess economic expansion or contraction.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on official GDP statistics.
Historical Context
The GDP growth rate is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The U.S. GDP growth rate averaged 2.3% annually from 1948 to 2022.
- GDP growth slowed to 2.1% in 2022 due to high inflation and rising interest rates.
- Rapid GDP growth is generally associated with low unemployment and rising living standards.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate previous period, Annual' measures the year-over-year percent change in real gross domestic product (GDP), the broadest indicator of 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 for assessing the overall health and momentum of the U.S. economy. It informs decisions by policymakers, businesses, and consumers.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on official GDP statistics.
Q: How is this trend used in economic policy?
A: The GDP growth rate is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions aimed at promoting stable, sustainable economic growth.
Q: Are there update delays or limitations?
A: The GDP growth rate data is published quarterly with a lag of several weeks, so there may be a delay in the most recent figures.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual (NAEXKP04ILA657S), retrieved from FRED.