National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Czech Republic
Growth rate same period previous year, Quarterly
NAEXKP07CZQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.33
Year-over-Year Change
-29.91%
Date Range
1/1/1997 - 1/1/2025
Summary
This trend measures the year-over-year growth rate of real gross domestic product (GDP) in the United States on a quarterly basis. It is a key indicator of economic performance and momentum.
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 trend shows the percent change in real GDP from the same quarter one year prior. It is used by economists and policymakers to analyze the pace of economic expansion or contraction over time.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on their quarterly GDP estimates.
Historical Context
This metric informs monetary and fiscal policy decisions by the Federal Reserve and government.
Key Facts
- Q4 2022 growth rate: 1.0%
- Peak growth rate: 33.8% in Q3 2020
- Average growth rate since 2000: 2.3%
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in real gross domestic product (GDP) in the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a critical indicator of overall economic performance and momentum, informing policy decisions by the Federal Reserve and government.
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: This metric helps the Federal Reserve and policymakers assess the strength of the economy and make informed decisions about monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The 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 same period previous year, Quarterly (NAEXKP07CZQ659S), retrieved from FRED.