Monetary Aggregates and Their Components: Broad Money and Components: M3 for OECD
Growth rate previous period, Quarterly
OECDMABMM301GPSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.19
Year-over-Year Change
-40.06%
Date Range
4/1/1980 - 10/1/2024
Summary
The 'Growth rate previous period, Quarterly' trend measures the quarterly growth rate of GDP in the United States, a key indicator of economic performance.
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 metric represents the percentage change in real GDP compared to the previous quarter, providing insights into the pace and direction of economic expansion or contraction. It is a widely followed indicator used by policymakers, analysts, and economists to assess the health of the U.S. economy.
Methodology
The data is collected and calculated by the Organisation for Economic Co-operation and Development (OECD) based on official GDP statistics.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The average quarterly GDP growth rate in the U.S. is around 0.5%.
- Negative growth rates indicate an economic recession.
- Rapid GDP growth can lead to inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate previous period, Quarterly' trend measures the percentage change in real GDP in the United States compared to the previous quarter.
Q: Why is this trend relevant for users or analysts?
A: This metric is a widely followed indicator of economic performance and is used by policymakers, analysts, and economists to assess the health and direction of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD based on official GDP statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions closely monitor this trend to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a typical delay of several weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (OECDMABMM301GPSAQ), retrieved from FRED.