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Growth Rate Previous Period, Quarterly

CPGDFD02DKQ657N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-0.58

Year-over-Year Change

-201.14%

Date Range

1/1/1967 - 1/1/2018

Summary

The Growth Rate Previous Period, Quarterly metric measures the quarterly change in real GDP, providing insight into the pace of economic growth over time.

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 represents the quarter-over-quarter growth rate of real GDP, a key measure of economic output and activity. It is widely used by economists, policymakers, and analysts to assess the health and trajectory of the U.S. economy.

Methodology

The data is calculated based on quarterly real GDP figures reported by the U.S. Bureau of Economic Analysis.

Historical Context

The GDP growth rate is a crucial input for monetary and fiscal policy decisions made by the Federal Reserve and government.

Key Facts

  • GDP grew 2.9% in Q4 2022 compared to the previous quarter.
  • The U.S. economy contracted in the first half of 2022 before rebounding in the second half.
  • Quarterly GDP growth rates can fluctuate significantly based on economic conditions.

FAQs

Q: What does this economic trend measure?

A: The Growth Rate Previous Period, Quarterly metric measures the quarter-over-quarter change in real GDP, the broadest indicator of economic output and activity.

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

A: The GDP growth rate is a critical economic indicator used by policymakers, businesses, and analysts to assess the 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 quarterly real GDP figures.

Q: How is this trend used in economic policy?

A: The GDP growth rate is a key input for monetary and fiscal policy decisions made by the Federal Reserve and government to manage economic conditions.

Q: Are there update delays or limitations?

A: The data is released quarterly, with an initial estimate followed by revisions as more complete information becomes available.

Related Trends

Citation

U.S. Federal Reserve, Growth Rate Previous Period, Quarterly (CPGDFD02DKQ657N), retrieved from FRED.