National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Austria
Growth rate previous period, Quarterly
NAEXKP07ATQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.92
Year-over-Year Change
-164.10%
Date Range
4/1/1988 - 4/1/2025
Summary
This economic indicator tracks the quarter-over-quarter growth rate of real gross domestic product (GDP) in the United States. It provides a timely measure of 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
The Growth Rate Previous Period, Quarterly metric represents the percent change in real GDP from the previous quarter. It is a widely followed indicator of overall economic performance and a key input for policymakers and analysts monitoring the business cycle.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on national accounts data.
Historical Context
Growth rate trends are closely watched by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- GDP grew 2.6% in Q4 2022 compared to the prior quarter.
- The U.S. economy contracted 1.1% in Q1 2022.
- GDP growth has averaged 2.3% per quarter over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Quarterly metric tracks the percent change in real gross domestic product (GDP) from the previous quarter.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides a timely signal of the pace of economic expansion or contraction, which is a crucial input for policymakers, investors, and analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on national accounts data.
Q: How is this trend used in economic policy?
A: Growth rate trends are closely watched by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a 1-month lag, so the most recent quarter's figure may not reflect the current economic conditions.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (NAEXKP07ATQ657S), retrieved from FRED.