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Quarterly

CPGRLE01CHQ657N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.11

Year-over-Year Change

-1147.87%

Date Range

1/1/1960 - 10/1/2023

Summary

The Quarterly trend measures the year-over-year change in gross domestic product (GDP) for the United States, 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 quarterly GDP growth rate is a widely followed statistic that reflects the overall health and direction of the U.S. economy. Economists and policymakers use it to assess the economic climate and guide decision-making.

Methodology

The data is calculated by the U.S. Bureau of Economic Analysis based on comprehensive national accounts information.

Historical Context

The GDP growth rate is a critical input for monetary and fiscal policy decisions.

Key Facts

  • GDP grew 2.9% year-over-year in Q4 2022.
  • The U.S. economy expanded 5.7% in 2021.
  • Quarterly GDP growth has averaged 2.3% since 1948.

FAQs

Q: What does this economic trend measure?

A: The Quarterly trend measures the year-over-year change in the United States' gross domestic product, a comprehensive indicator of economic output and growth.

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

A: The GDP growth rate is a critical macroeconomic indicator that informs policy decisions and signals the overall 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 comprehensive national accounts information.

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, Congress, and the executive branch.

Q: Are there update delays or limitations?

A: The quarterly GDP growth data is released with a one-month lag by the Bureau of Economic Analysis.

Related Trends

Citation

U.S. Federal Reserve, Quarterly (CPGRLE01CHQ657N), retrieved from FRED.