Consumer Price Index: Food and Non-Alcoholic Beverages (COICOP 01): Total for Spain
Growth rate previous period, Quarterly
ESPCP010000GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.34
Year-over-Year Change
-240.58%
Date Range
1/1/1960 - 7/1/2023
Summary
The growth rate previous period, Quarterly measures the quarter-over-quarter change in real gross domestic product (GDP). This metric is a key indicator of overall economic health and a crucial data point for 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 series represents the percent change in real GDP from the previous quarter, expressed at an annualized rate. It provides insight into the pace and direction of economic growth, helping economists and investors assess the strength of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on national accounts data.
Historical Context
Policymakers and market participants closely monitor this trend to inform economic and investment decisions.
Key Facts
- The annualized growth rate reached a high of 33.8% in Q3 2020.
- Negative growth rates indicate an economic recession.
- This metric is released quarterly by the Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, Quarterly measures the quarter-over-quarter change in real gross domestic product (GDP), providing insight into the pace of economic growth.
Q: Why is this trend relevant for users or analysts?
A: This metric is a crucial indicator of overall economic health and a key data point for policymakers, economists, and investors to assess the strength 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 national accounts data.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this trend to inform economic and investment decisions, as it provides insight into the pace and direction of economic growth.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Bureau of Economic Analysis, with a typical delay of several weeks after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (ESPCP010000GPQ), retrieved from FRED.