Growth Rate Previous Period, Quarterly
CPGRLE01O1Q657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.30
Year-over-Year Change
50.00%
Date Range
4/1/1970 - 7/1/2017
Summary
The 'Growth Rate Previous Period, Quarterly' measures the quarter-over-quarter percent change in the U.S. Gross Domestic Product (GDP). This metric provides key insights into the pace and direction of economic growth.
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 trend represents the percent change in real GDP from the previous quarter, expressed at an annualized rate. It is a widely-watched indicator of economic performance and is used by policymakers, analysts, and businesses to gauge the overall health and trajectory of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on comprehensive surveys and economic accounts.
Historical Context
This GDP growth rate trend is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- GDP grew 2.4% in Q4 2022.
- The GDP growth rate peaked at 6.9% in Q4 2021.
- Negative GDP growth can signal a recession.
FAQs
Q: What does this economic trend measure?
A: The 'Growth Rate Previous Period, Quarterly' measures the quarter-over-quarter percent change in the U.S. Gross Domestic Product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This GDP growth rate metric provides key insights into the pace and direction of economic growth, which is crucial information for policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on comprehensive surveys and economic accounts.
Q: How is this trend used in economic policy?
A: The GDP growth rate trend is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The GDP growth rate data is released quarterly by the Bureau of Economic Analysis, with a typical delay of one month from the end of the quarter.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly (CPGRLE01O1Q657N), retrieved from FRED.