National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for India
Growth rate previous period, Quarterly
NAEXKP07INQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-11.56
Year-over-Year Change
-395.20%
Date Range
7/1/2011 - 1/1/2025
Summary
The Growth rate previous period, Quarterly trend measures the quarterly change in real gross domestic product (GDP) compared to the previous quarter. This metric is a key indicator of overall economic growth and health.
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 tracks the quarter-over-quarter percentage change in real GDP, providing insights into the pace and direction of the broader U.S. economy. Economists and policymakers closely monitor this data to assess economic performance and inform policy decisions.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on comprehensive surveys and national accounts.
Historical Context
This growth rate trend is widely referenced by analysts, investors, and government officials to gauge the strength and trajectory of the U.S. economy.
Key Facts
- GDP growth averaged 2.3% annually from 2010-2019.
- The U.S. economy contracted by 3.5% in 2020 due to the COVID-19 pandemic.
- Quarterly GDP growth reached a record high of 6.9% in Q4 2021.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Quarterly measures the quarter-over-quarter percentage change in real gross domestic product (GDP), a key indicator of overall economic growth and performance.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists, policymakers, and market participants as it provides insights into the pace and direction of the broader U.S. economy, informing economic assessments and policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on comprehensive surveys and national accounts.
Q: How is this trend used in economic policy?
A: The Growth rate previous period, Quarterly is widely referenced by analysts, investors, and government officials to gauge the strength and trajectory of the U.S. economy, which can inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Bureau of Economic Analysis, with a delay of approximately one month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (NAEXKP07INQ657S), retrieved from FRED.