National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Russia
Growth rate same period previous year, Quarterly
NAEXKP04RUQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.04
Year-over-Year Change
8.98%
Date Range
1/1/2004 - 7/1/2021
Summary
This economic trend measures the year-over-year growth rate of real gross domestic product (GDP) on a quarterly basis. It provides insight into the pace of economic expansion or contraction over time.
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 series tracks the percent change in real GDP compared to the same quarter in the prior year. This indicator is widely used by economists and policymakers to analyze the overall trajectory of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on quarterly GDP estimates.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The series dates back to 1947.
- The highest growth rate was 7.9% in Q4 1950.
- The lowest growth rate was -3.4% in Q2 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in real gross domestic product (GDP) on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The growth rate of GDP is a key indicator of the overall health and pace of the U.S. economy, making this trend highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on their quarterly GDP estimates.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions closely monitor this GDP growth rate trend to inform monetary and fiscal policy decisions aimed at promoting stable economic expansion.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a lag of approximately one month after the end of each quarter.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (NAEXKP04RUQ659S), retrieved from FRED.