Quarterly
CPGDND01NOQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.08
Year-over-Year Change
5.80%
Date Range
1/1/1968 - 10/1/2015
Summary
The 'Quarterly' trend measures the gross domestic product (GDP) deflator, a key indicator of overall price changes in the U.S. economy. This metric is closely watched by policymakers, analysts, and economists to gauge inflationary pressures.
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
The GDP deflator is a comprehensive measure of inflation, reflecting changes in the prices of all goods and services produced in the economy. It provides a broader perspective on price movements compared to more narrowly focused inflation indices.
Methodology
The GDP deflator is calculated by dividing the current-dollar GDP by the constant-dollar GDP.
Historical Context
The GDP deflator is a vital input for economic analysis and policy decisions.
Key Facts
- The GDP deflator is a chained-type price index.
- It captures price changes in all domestically produced final goods and services.
- The deflator is a broader measure of inflation than the Consumer Price Index (CPI).
FAQs
Q: What does this economic trend measure?
A: The 'Quarterly' trend measures the GDP deflator, which captures overall price changes in the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: The GDP deflator is a key indicator of inflationary pressures and an important input for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The GDP deflator is calculated by dividing the current-dollar GDP by the constant-dollar GDP.
Q: How is this trend used in economic policy?
A: The GDP deflator is a vital metric for policymakers, analysts, and economists to gauge inflationary pressures and guide economic policy decisions.
Q: Are there update delays or limitations?
A: The GDP deflator data is published quarterly by the U.S. Bureau of Economic Analysis, with some potential for revision.
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Citation
U.S. Federal Reserve, Quarterly (CPGDND01NOQ661N), retrieved from FRED.