Producer Prices Index: Economic Activities: Manufacturing: Total for Austria

Growth rate previous period, Quarterly

AUTPIEAMP01GPQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-0.70

Year-over-Year Change

338.73%

Date Range

1/1/2000 - 10/1/2022

Summary

The Growth Rate Previous Period, Quarterly trend measures the percent change in real GDP from the previous quarter. 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

This economic indicator tracks the quarterly growth rate of real gross domestic product (GDP), which is the broadest measure of economic activity. Analyzing the rate of change in real GDP helps economists and policymakers assess the current phase of the business cycle and inform decisions.

Methodology

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

Historical Context

The growth rate in real GDP is closely watched by the Federal Reserve and other policymakers to guide monetary and fiscal policy decisions.

Key Facts

  • GDP grew 6.9% in Q4 2021 compared to the previous quarter.
  • The U.S. economy contracted 3.4% in 2020 due to the COVID-19 pandemic.
  • Quarterly GDP growth has averaged 2.3% over the past 20 years.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the quarterly percent change in real gross domestic product (GDP), which is the broadest measure of economic output in the United States.

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

A: The growth rate in real GDP is a key signal of the overall health and momentum of the U.S. economy, and is closely watched by policymakers, economists, and investors.

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 quarterly GDP estimates.

Q: How is this trend used in economic policy?

A: The Federal Reserve and other policymakers monitor the GDP growth rate to guide monetary and fiscal policy decisions aimed at promoting economic stability and full employment.

Q: Are there update delays or limitations?

A: The GDP growth rate data is released quarterly by the Bureau of Economic Analysis, with a lag of about one month after the end of each quarter.

Related Trends

Citation

U.S. Federal Reserve, Growth rate previous period, Quarterly (AUTPIEAMP01GPQ), retrieved from FRED.