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Growth rate previous period, Quarterly

SLRTTO01CZQ657S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.03

Year-over-Year Change

-151.28%

Date Range

1/1/1996 - 1/1/2025

Summary

The growth rate previous period, Quarterly trend measures the quarter-over-quarter change in real gross domestic product (GDP) in the United States. 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

The growth rate previous period, Quarterly tracks the percentage change in real GDP from one quarter to the next. This statistic provides insight into the pace of economic expansion or contraction and is closely monitored by policymakers, analysts, and businesses to gauge the trajectory of the economy.

Methodology

The data is calculated by the U.S. Bureau of Economic Analysis based on their comprehensive GDP estimates.

Historical Context

Analysts and policymakers use this metric to inform economic forecasting, monetary policy decisions, and assessments of the business cycle.

Key Facts

  • The U.S. economy grew by 2.9% in Q4 2022 compared to the previous quarter.
  • Quarterly GDP growth averaged 2.3% from 2015 to 2019.
  • The COVID-19 pandemic led to a sharp 9% decline in Q2 2020 GDP.

FAQs

Q: What does this economic trend measure?

A: The growth rate previous period, Quarterly measures the quarter-over-quarter percent change in real gross domestic product (GDP) in the United States.

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

A: This metric provides a timely snapshot of the pace of economic expansion or contraction, which is crucial for policymakers, businesses, and investors to gauge the overall health and momentum of the U.S. economy.

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 GDP estimates.

Q: How is this trend used in economic policy?

A: Analysts and policymakers use this metric to inform economic forecasting, monetary policy decisions, and assessments of the business cycle.

Q: Are there update delays or limitations?

A: The growth rate previous period, Quarterly data is released by the Bureau of Economic Analysis on a quarterly basis, with a lag of approximately one month after the end of the reference quarter.

Related Trends

Citation

U.S. Federal Reserve, Growth rate previous period, Quarterly (SLRTTO01CZQ657S), retrieved from FRED.