Producer Prices Index: Type of Goods: Investments Goods: Domestic for Spain
Growth rate previous period
ESPPITGVG02GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.22
Year-over-Year Change
1119.93%
Date Range
2/1/1975 - 12/1/2022
Summary
The 'Growth rate previous period' metric measures the quarterly growth rate of the U.S. gross domestic product (GDP) in percentage terms, comparing the current quarter to the previous quarter.
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 indicator provides insights into the pace of economic expansion or contraction. It is widely used by economists, policymakers, and analysts to assess 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 GDP estimates.
Historical Context
The GDP growth rate is a key input for monetary and fiscal policy decisions.
Key Facts
- The GDP growth rate averaged 2.3% annually from 2010-2019.
- Negative GDP growth rates indicate an economic recession.
- The U.S. experienced the sharpest GDP decline on record in Q2 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate previous period' metric measures the quarterly growth rate of the U.S. gross domestic product (GDP) compared to the previous quarter.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into the overall pace of economic expansion or contraction, which is a key input for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on GDP estimates.
Q: How is this trend used in economic policy?
A: The GDP growth rate is a crucial metric for informing monetary and fiscal policy decisions by the Federal Reserve and U.S. government.
Q: Are there update delays or limitations?
A: The GDP growth rate data is released quarterly with a 1-month delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth rate previous period (ESPPITGVG02GPM), retrieved from FRED.