National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Hungary
Growth rate previous period, Quarterly
NAEXKP07HUQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.42
Year-over-Year Change
-77.86%
Date Range
4/1/1995 - 1/1/2025
Summary
The 'Growth rate previous period, Quarterly' series measures the quarter-over-quarter growth rate of real gross domestic product (GDP) in the United States. It is a key economic indicator used by policymakers and analysts to assess the overall health and trajectory 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
This series represents the percentage change in real GDP from the previous quarter. It provides insights into the momentum and direction of economic growth, which is crucial for understanding business cycles, monetary policy decisions, and market trends.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts data.
Historical Context
This metric is widely referenced by the Federal Reserve, government agencies, and private sector economists to gauge the strength of the U.S. economy and inform policy decisions.
Key Facts
- Real GDP growth rate averaged 2.3% per quarter over the past decade.
- The U.S. economy experienced a sharp contraction in Q2 2020 due to the COVID-19 pandemic.
- Quarterly GDP growth has been positive for the past 8 consecutive quarters.
FAQs
Q: What does this economic trend measure?
A: This series measures the quarter-over-quarter percentage change in real gross domestic product (GDP) in the United States.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a crucial indicator of the overall health and momentum of the U.S. economy, which is closely monitored 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 using national accounts data.
Q: How is this trend used in economic policy?
A: The GDP growth rate is a key input for the Federal Reserve and other policymakers in assessing the state of the economy and informing monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The GDP growth rate data is released by the Bureau of Economic Analysis on a quarterly basis, with a delay of approximately one month after the end of the quarter.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (NAEXKP07HUQ657S), retrieved from FRED.