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Growth rate previous period

SLRTTO01ATQ657S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-0.48

Year-over-Year Change

-218.62%

Date Range

4/1/1973 - 1/1/2025

Summary

The Growth Rate Previous Period tracks the quarter-over-quarter percent change in real gross domestic product (GDP), a key indicator of overall 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 provides a concise, timely snapshot of the U.S. economy's growth momentum. It is closely watched by policymakers, analysts, and investors to gauge the trajectory of the business cycle and inform macroeconomic decision-making.

Methodology

The Bureau of Economic Analysis calculates this series using official GDP data.

Historical Context

Economists and market participants analyze this trend to assess the health of the broader economy and inform policy and investment decisions.

Key Facts

  • GDP growth rate was 2.9% in Q4 2022.
  • The series has been published quarterly since 1947.
  • Growth has averaged 3.1% annually over the past 20 years.

FAQs

Q: What does this economic trend measure?

A: The Growth Rate Previous Period tracks the quarter-over-quarter percent change in real gross domestic product (GDP), a key indicator of overall economic performance.

Q: Why is this trend relevant for users or analysts?

A: This metric provides a concise, timely snapshot of the U.S. economy's growth momentum, which is closely watched by policymakers, analysts, and investors to gauge the trajectory of the business cycle and inform macroeconomic decision-making.

Q: How is this data collected or calculated?

A: The Bureau of Economic Analysis calculates this series using official GDP data.

Q: How is this trend used in economic policy?

A: Economists and market participants analyze this trend to assess the health of the broader economy and inform policy and investment decisions.

Q: Are there update delays or limitations?

A: The series is published quarterly, with a typical delay of several weeks after the end of the reference period.

Related Trends

Citation

U.S. Federal Reserve, Growth rate previous period (SLRTTO01ATQ657S), retrieved from FRED.