Orders: Construction: Permits Issued: Dwellings and Residential Buildings for Czech Republic
Growth rate previous period, Quarterly, Seasonally Adjusted
ODCNPI03CZQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-6.76
Year-over-Year Change
889.37%
Date Range
4/1/1999 - 1/1/2025
Summary
This economic indicator tracks the quarter-over-quarter growth rate of the Nominal Personal Consumption Expenditures (NPCE) price index, a key measure of consumer inflation. It provides insights into the pace of price changes across 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
The Growth Rate Previous Period, Quarterly, Seasonally Adjusted series is published by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts. It represents the percent change in the NPCE price index from the previous quarter, adjusted for seasonal variations.
Methodology
The data is calculated based on the NPCE price index, which measures the prices paid by consumers for a broad basket of goods and services.
Historical Context
This inflation metric is closely monitored by policymakers, economists, and market analysts to assess economic conditions and guide policy decisions.
Key Facts
- The NPCE price index covers a wide range of consumer expenditures, including durable goods, non-durable goods, and services.
- Quarterly growth rates help identify short-term inflationary trends and inform monetary policy decisions.
- The seasonally adjusted data accounts for predictable seasonal variations in consumer spending and prices.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarter-over-quarter growth rate of the Nominal Personal Consumption Expenditures (NPCE) price index, a key measure of consumer inflation in the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: The growth rate of the NPCE price index is closely monitored by policymakers, economists, and market analysts to assess economic conditions and guide policy decisions, such as adjustments to interest rates.
Q: How is this data collected or calculated?
A: The data is calculated based on the NPCE price index, which measures the prices paid by consumers for a broad basket of goods and services.
Q: How is this trend used in economic policy?
A: This inflation metric is used by the Federal Reserve and other policymakers to evaluate the pace of price changes and make decisions about monetary policy, such as adjusting interest rates to maintain price stability.
Q: Are there update delays or limitations?
A: The Growth Rate Previous Period, Quarterly, Seasonally Adjusted data is published by the U.S. Bureau of Economic Analysis on a quarterly basis, with a typical release delay of about one month after the end of the reference quarter.
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Citation
U.S. Bureau of Economic Analysis, Growth rate previous period, Quarterly, Seasonally Adjusted (ODCNPI03CZQ657S), retrieved from FRED.