Producer Prices Index: Type of Goods: Investments Goods: Domestic for Czech Republic
Growth rate previous period, Quarterly
CZEPITGVG02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.62
Year-over-Year Change
-724.66%
Date Range
4/1/1994 - 10/1/2022
Summary
The Growth Rate Previous Period, Quarterly measures the quarter-over-quarter change in real gross domestic product (GDP) in the United States. This metric is a key indicator of overall economic performance and is closely monitored by policymakers and analysts.
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 data series represents the seasonally adjusted annualized rate of change in real GDP from the previous quarter. It provides insight into the pace and direction of economic growth, which is an important factor in guiding monetary and fiscal policies.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on their comprehensive GDP estimates.
Historical Context
Economists and policymakers use this metric to assess the health of the U.S. economy and inform decision-making.
Key Facts
- GDP growth rate averaged 2.3% over the past decade.
- The fastest quarterly GDP growth rate on record was 33.8% in 1950.
- Negative GDP growth signifies an economic recession.
FAQs
Q: What does this economic trend measure?
A: This metric measures the quarter-over-quarter change in real gross domestic product (GDP) in the United States, providing insight into the pace and direction of economic growth.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a key indicator of overall economic performance and is closely monitored by policymakers, investors, and analysts to assess the health 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 their comprehensive GDP estimates.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to inform monetary and fiscal policy decisions, as it provides insight into the direction and pace of economic growth.
Q: Are there update delays or limitations?
A: The GDP growth rate data is typically released on a quarterly basis, with a short delay to allow for comprehensive data collection and analysis.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (CZEPITGVG02GPQ), retrieved from FRED.