Production: Construction: Total for Sweden
Growth rate previous period, Quarterly
PRCNTO01SEQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.29
Year-over-Year Change
-316.48%
Date Range
4/1/1994 - 1/1/2025
Summary
The growth rate previous period, Quarterly trend measures the quarter-over-quarter percent change in the U.S. gross domestic product (GDP). This is a key economic indicator that reflects the health and momentum of the overall 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 quarterly growth rate trend compares a given quarter's GDP to the previous quarter, providing insights into the pace and direction of economic expansion or contraction. It is widely used by economists, policymakers, and market analysts to assess the business cycle and inform decision-making.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on its comprehensive GDP estimates.
Historical Context
The growth rate previous period is a valuable indicator for the Federal Reserve and other institutions when setting monetary and fiscal policies.
Key Facts
- The growth rate is measured as a percentage change from the previous quarter.
- Positive growth rates indicate an expanding economy, while negative rates signal a contraction.
- This trend is released alongside the Bureau of Economic Analysis's quarterly GDP report.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, Quarterly trend measures the quarter-over-quarter percent change in the U.S. gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This quarterly growth rate is a key indicator of the overall health and momentum of the U.S. economy, providing insights into the business cycle that are vital for economic decision-making.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on its comprehensive GDP estimates.
Q: How is this trend used in economic policy?
A: The growth rate previous period is a valuable indicator for the Federal Reserve and other institutions when setting monetary and fiscal policies to manage the economy.
Q: Are there update delays or limitations?
A: This trend is released alongside the Bureau of Economic Analysis's quarterly GDP report, typically with a one-month delay.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (PRCNTO01SEQ657S), retrieved from FRED.