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Growth Rate Previous Period, Quarterly

CPGDFD02SKQ657N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.15

Year-over-Year Change

104.83%

Date Range

4/1/1990 - 1/1/2018

Summary

The Growth Rate Previous Period, Quarterly series measures the quarter-over-quarter change in real gross domestic product (GDP) in the United States. This metric is 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 series tracks the sequential change in real GDP, which is a comprehensive measure of the overall economic activity and production in the U.S. It is closely monitored by policymakers, analysts, and businesses to assess the health and trajectory of the national economy.

Methodology

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

Historical Context

Analysts and policymakers use this growth rate to inform decisions and forecasts related to fiscal, monetary, and other economic policies.

Key Facts

  • The series is published quarterly by the U.S. Bureau of Economic Analysis.
  • GDP growth is a key driver of employment, inflation, and other economic indicators.
  • Positive growth rates signal economic expansion, while negative rates indicate contraction.

FAQs

Q: What does this economic trend measure?

A: The Growth Rate Previous Period, Quarterly series measures the quarter-over-quarter change in real gross domestic product (GDP) in the United States.

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

A: This metric is a crucial indicator of overall economic performance and growth, closely watched by policymakers, businesses, and analysts to inform decisions and forecasts.

Q: How is this data collected or calculated?

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

Q: How is this trend used in economic policy?

A: Analysts and policymakers use this growth rate to inform decisions and forecasts related to fiscal, monetary, and other economic policies.

Q: Are there update delays or limitations?

A: The series is published quarterly, with a typical release delay of several weeks after the end of the reference quarter.

Related Trends

Citation

U.S. Federal Reserve, Growth Rate Previous Period, Quarterly (CPGDFD02SKQ657N), retrieved from FRED.