Producer Prices Index: Economic Activities: Manufacturing: Domestic for Portugal
Growth rate previous period, Quarterly
PRTPIEAMP02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.37
Year-over-Year Change
-289.83%
Date Range
4/1/1982 - 10/1/2022
Summary
The 'Growth rate previous period, Quarterly' trend measures the quarterly percent change in real gross domestic product (GDP) from the previous quarter. This metric is a key indicator of the overall health and momentum 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
This economic indicator tracks the pace of economic growth on a quarterly basis. It provides insight into the trajectory of the economy and is closely watched by policymakers, investors, and analysts to assess current conditions and make informed decisions.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on their comprehensive quarterly GDP estimates.
Historical Context
The growth rate trend is a critical input for monetary and fiscal policy decisions made by the Federal Reserve and U.S. government.
Key Facts
- GDP growth rate averaged 2.3% annually from 2010-2019.
- The COVID-19 pandemic caused a record 31.2% GDP contraction in Q2 2020.
- Positive GDP growth signals an expanding economy.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate previous period, Quarterly' trend measures the quarterly percent change in real gross domestic product (GDP) from the previous quarter.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of the overall health and momentum of the U.S. economy, providing insight into the trajectory of growth that is closely watched by policymakers, investors, and analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on their comprehensive quarterly GDP estimates.
Q: How is this trend used in economic policy?
A: The GDP growth rate trend is a critical input for monetary and fiscal policy decisions made by the Federal Reserve and U.S. government.
Q: Are there update delays or limitations?
A: The GDP growth data is released on a quarterly basis with a delay of several weeks after the end of each quarter.
Related Trends
Financial Market: Real Effective Exchange Rates: CPI Based for Portugal
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Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 24 Years for Portugal
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Infra-Annual Labor Statistics: Labor Force Female: 15 Years or over for Portugal
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Consumer Price Index: Clothing and Footwear (COICOP 03): Total for Portugal
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Infra-Annual Labor Statistics: Unemployment Male: From 55 to 64 Years for Portugal
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Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Portugal
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (PRTPIEAMP02GPQ), retrieved from FRED.