Sales: Retail Trade: Total Retail Trade: Volume for Portugal
Growth rate previous period, Quarterly
SLRTTO01PTQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.03
Year-over-Year Change
-92.22%
Date Range
4/1/1990 - 7/1/2023
Summary
The growth rate previous period, quarterly measures the quarter-over-quarter percentage change in real GDP. This provides insight into the pace and direction of economic growth, which is a key metric for policymakers and analysts.
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 quarterly percent change in real gross domestic product (GDP) from the previous quarter. It is a widely-used measure of overall economic activity and a critical input for analyzing business cycles, inflation, and other macroeconomic trends.
Methodology
The Bureau of Economic Analysis calculates this series based on estimates of real GDP.
Historical Context
Policymakers and economists monitor this indicator to assess the strength of the economy and make informed decisions.
Key Facts
- GDP grew 2.9% in Q4 2022 over the previous quarter.
- This indicator has averaged 0.6% over the past 10 years.
- Negative quarterly growth rates signal an economic recession.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the quarter-over-quarter percent change in real GDP, providing insight into the pace and direction of economic growth.
Q: Why is this trend relevant for users or analysts?
A: This metric is a critical input for analyzing business cycles, inflation, and other macroeconomic trends, and is closely watched by policymakers and economists.
Q: How is this data collected or calculated?
A: The Bureau of Economic Analysis calculates this series based on estimates of real GDP.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this indicator to assess the strength of the economy and make informed decisions.
Q: Are there update delays or limitations?
A: This data is published quarterly, with some lag from the end of the reference period.
Related Trends
Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics (COICOP 02): Total for Portugal
PRTCP020000IXNBM
Production: Energy: Production and Distribution of Electricity, Gas, Steam, and Air Conditioning: Total for Portugal
PREND401PTQ661S
Infra-Annual Labor Statistics: Employment Male: 15 Years or over for Portugal
LFEMTTMAPTQ647S
Harmonized Index of Consumer Prices: Mineral Waters, Soft Drinks, Fruit and Vegetable Juices for Portugal
CP0122PTM086NEST
Harmonized Index of Consumer Prices: Spirits for Portugal
CP0211PTM086NEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Portugal
PRTCPHP0200GYM
Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (SLRTTO01PTQ657S), retrieved from FRED.