Producer Prices Index: Type of Goods: Investments Goods: Domestic for Sweden

Growth rate previous period, Quarterly

SWEPITGVG02GPQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.83

Year-over-Year Change

371.24%

Date Range

4/1/1990 - 10/1/2022

Summary

The 'Growth rate previous period, Quarterly' trend measures the quarter-over-quarter change in real gross domestic product (GDP), providing insights 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 is a key indicator used by economists and policymakers to evaluate the health and trajectory of the overall U.S. economy. It offers a timely snapshot of economic performance and helps inform decision-making around fiscal and monetary policies.

Methodology

The data is calculated by the Bureau of Economic Analysis based on its comprehensive measurement of GDP.

Historical Context

This trend is closely watched by financial markets, as the GDP growth rate is a crucial factor in the Federal Reserve's monetary policy decisions.

Key Facts

  • GDP growth rate averaged 2.3% annually from 2010-2019.
  • The highest quarterly GDP growth rate on record was 16.9% in 1950.
  • Negative GDP growth is considered an economic recession.

FAQs

Q: What does this economic trend measure?

A: The 'Growth rate previous period, Quarterly' metric measures the quarter-over-quarter percent change in real gross domestic product (GDP), providing a gauge of the pace of economic expansion or contraction.

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

A: This GDP growth rate trend is a critical indicator used by economists, policymakers, and market participants to assess the overall health and trajectory 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 its comprehensive measurement of gross domestic product.

Q: How is this trend used in economic policy?

A: The GDP growth rate is a key input for the Federal Reserve's monetary policy decisions, as it signals the pace of economic activity and inflationary pressures.

Q: Are there update delays or limitations?

A: The GDP growth rate data is typically released on a quarterly basis, with a lag of several weeks from the end of the reference period.

Related Trends

Citation

U.S. Federal Reserve, Growth rate previous period, Quarterly (SWEPITGVG02GPQ), retrieved from FRED.