Producer Prices Index: Economic Activities: Energy: Domestic for Estonia
Growth rate same period previous year, Quarterly
ESTPIEAEN02GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
49.29
Year-over-Year Change
-1598.81%
Date Range
1/1/2003 - 10/1/2022
Summary
The 'Growth rate same period previous year, Quarterly' measures the year-over-year change in economic output. This key metric provides insights into the overall health and trajectory of the U.S. economy.
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 growth rate metric compares the current quarter's economic output to the same quarter one year prior. It serves as an important indicator of economic expansion or contraction and is closely watched by policymakers, analysts, and investors.
Methodology
The data is calculated based on gross domestic product (GDP) figures reported by the U.S. Bureau of Economic Analysis.
Historical Context
This growth rate trend is a crucial input for understanding business cycles, monetary policy decisions, and market conditions.
Key Facts
- The U.S. economy grew 2.9% in Q4 2022 compared to Q4 2021.
- GDP growth slowed to 1.1% in Q3 2022 from 1.8% in Q2 2022.
- The U.S. has experienced 12 consecutive quarters of positive year-over-year GDP growth.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year, Quarterly' metric measures the year-over-year change in the U.S. gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This growth rate trend is a key indicator of the overall health and performance of the U.S. economy, providing insights into economic expansion, contraction, and business cycles.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on quarterly GDP figures.
Q: How is this trend used in economic policy?
A: Policymakers, such as the Federal Reserve, closely monitor this growth rate trend to inform monetary policy decisions and assess the state of the economy.
Q: Are there update delays or limitations?
A: The data is published quarterly, with a typical delay of 1-2 months after the end of each quarter.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (ESTPIEAEN02GYQ), retrieved from FRED.