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Growth rate previous period, Quarterly, Seasonally Adjusted
OECDXTEXVA01GPSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.68
Year-over-Year Change
-33.31%
Date Range
4/1/1999 - 1/1/2025
Summary
This economic trend measures the quarter-over-quarter growth rate of real gross domestic product (GDP) for the United States, adjusted for seasonal variations. It provides a key indicator of the overall health and direction 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
The growth rate previous period, quarterly, seasonally adjusted metric tracks the percent change in real GDP from one quarter to the next. It is a widely followed economic indicator used by policymakers, analysts, and investors to assess the pace of economic expansion or contraction.
Methodology
This data is collected and calculated by the Organisation for Economic Co-operation and Development (OECD) based on official GDP figures reported by the U.S. government.
Historical Context
The GDP growth rate is a critical input for monetary and fiscal policy decisions made by the Federal Reserve and other government institutions.
Key Facts
- GDP grew 1.1% in Q4 2022.
- GDP growth averaged 2.6% annually from 2010-2019.
- The U.S. experienced a -3.4% GDP contraction in 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter percent change in real gross domestic product (GDP) for the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a key economic indicator used by policymakers, economists, and investors to assess the overall 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 figures reported by the U.S. government.
Q: How is this trend used in economic policy?
A: The GDP growth rate is a critical input for monetary and fiscal policy decisions made by the Federal Reserve and other government institutions.
Q: Are there update delays or limitations?
A: This data is typically published on a quarterly basis with a short delay after the end of each quarter.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (OECDXTEXVA01GPSAQ), retrieved from FRED.