Producer Prices Index: Type of Goods: Consumer Goods: Domestic for Portugal
Growth rate previous period, Quarterly
PRTPITGCG02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.49
Year-over-Year Change
-2423.93%
Date Range
4/1/1995 - 10/1/2022
Summary
The 'Growth rate previous period, Quarterly' measures the quarter-over-quarter change in real gross domestic product, providing insight into the pace of economic expansion or contraction.
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 from the previous quarter, adjusted for seasonal variations. It is a key indicator used by economists and policymakers to assess the health and trajectory of the overall economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on estimates of real GDP.
Historical Context
The growth rate is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The growth rate averaged 0.57% from 1947 to 2022.
- Q4 2022 saw a growth rate of 2.9%.
- Negative growth rates signal an economic recession.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate previous period, Quarterly' measures the percentage change in real gross domestic product from the previous quarter.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of the pace of economic expansion or contraction, providing valuable insights for economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on estimates of real GDP.
Q: How is this trend used in economic policy?
A: The growth rate is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Bureau of Economic Analysis, with a typical delay of approximately one month.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (PRTPITGCG02GPQ), retrieved from FRED.