Growth Rate Previous Period, Quarterly, Seasonally Adjusted
BPDBSE01SEQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.11
Year-over-Year Change
-35.96%
Date Range
4/1/1982 - 4/1/2014
Summary
The Growth Rate Previous Period, Quarterly, Seasonally Adjusted trend measures the quarter-over-quarter percent change in U.S. GDP, a key indicator of economic growth and 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 economic indicator tracks the quarterly rate of change in real Gross Domestic Product (GDP), the broadest measure of economic activity in the United States. Economists and policymakers closely monitor GDP growth to assess the overall health and trajectory of the national economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on comprehensive national accounts.
Historical Context
GDP growth is a critical input for fiscal and monetary policy decisions.
Key Facts
- U.S. GDP grew 6.9% in Q4 2021.
- GDP growth averaged 5.7% in 2021.
- The U.S. experienced a historic 31.2% GDP contraction in Q2 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Quarterly, Seasonally Adjusted trend 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: GDP growth is a critical indicator of the overall health and performance of the U.S. economy, making this trend highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on comprehensive national accounts.
Q: How is this trend used in economic policy?
A: GDP growth is a key input for fiscal and monetary policy decisions, as policymakers aim to promote stable and sustainable economic expansion.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (BPDBSE01SEQ657S), retrieved from FRED.