National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Austria
Growth rate same period previous year, Quarterly
NAEXKP06ATQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.92
Year-over-Year Change
-109.41%
Date Range
1/1/1989 - 4/1/2025
Summary
This economic trend measures the year-over-year growth rate of real gross domestic product (GDP) on a quarterly basis. It provides insights 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
The 'Growth rate same period previous year, Quarterly' metric tracks the percentage change in real GDP compared to the same quarter in the previous year. This measure is widely used by economists and policymakers to analyze economic performance and inform decision-making.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts and other economic indicators.
Historical Context
This trend is closely monitored by the Federal Reserve and other government agencies to assess the state of the economy and guide monetary and fiscal policy.
Key Facts
- The GDP growth rate has averaged 2.3% annually over the past 20 years.
- The highest quarterly growth rate on record was 33.8% in Q3 2020.
- Negative growth rates signal economic recessions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percentage change in real gross domestic product (GDP) on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a key indicator of the overall health and momentum of the U.S. economy, making it highly relevant for policymakers, investors, and economists.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national accounts and other economic indicators.
Q: How is this trend used in economic policy?
A: The GDP growth rate is closely monitored by the Federal Reserve and other government agencies to assess the state of the economy and guide monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The GDP growth rate data is released quarterly by the Bureau of Economic Analysis, with a lag of approximately one month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (NAEXKP06ATQ659S), retrieved from FRED.