National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Luxembourg
Growth rate previous period, Quarterly
NAEXKP06LUQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.43
Year-over-Year Change
-80.23%
Date Range
4/1/1995 - 1/1/2025
Summary
The growth rate previous period, quarterly measures the quarter-over-quarter change in real gross domestic product (GDP). This key indicator provides insight into the pace 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 series represents the annualized percent change in real GDP from the previous quarter. It is a widely followed metric for evaluating the health and trajectory of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on their comprehensive GDP estimates.
Historical Context
Policymakers and analysts closely monitor this indicator to inform economic and monetary policy decisions.
Key Facts
- Real GDP growth averaged 2.3% annually from 2010-2019.
- The U.S. economy contracted by 3.4% in 2020 due to the COVID-19 pandemic.
- GDP growth rebounded to 6.9% in Q4 2021 as the economy recovered.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the quarter-over-quarter percent change in real gross domestic product (GDP), adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a key barometer of overall economic performance and is closely watched by policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on their comprehensive GDP estimates.
Q: How is this trend used in economic policy?
A: Policymakers and central banks use this indicator 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 released quarterly with a lag of approximately one month after the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (NAEXKP06LUQ657S), retrieved from FRED.