Producer Prices Index: Type of Goods: Investments Goods: Total for Finland
Growth rate previous period, Quarterly
FINPITGVG01GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.36
Year-over-Year Change
57.36%
Date Range
4/1/1995 - 10/1/2022
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 performance and helps analysts and policymakers assess the health and direction 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
The growth rate previous period, Quarterly tracks the rate of change in real GDP from one quarter to the previous quarter. This statistic is used to gauge the momentum and trajectory of the broader economy, as it reflects the expansion or contraction of total economic output over a given period.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on its comprehensive national accounts.
Historical Context
Policymakers at the Federal Reserve and other institutions closely monitor this trend to inform macroeconomic decisions and assessments.
Key Facts
- The growth rate previous period, Quarterly is reported as a percentage change.
- Q1 2023 saw a 1.1% increase in real GDP over the prior quarter.
- This metric helps identify economic expansions, recessions, and turning points.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, Quarterly measures the quarter-over-quarter percent change in real gross domestic product (GDP), a comprehensive indicator of total economic output.
Q: Why is this trend relevant for users or analysts?
A: This metric is a critical barometer of the economy's momentum and trajectory, helping policymakers, investors, and analysts assess the overall health and direction 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 its comprehensive national accounts and GDP estimates.
Q: How is this trend used in economic policy?
A: The growth rate previous period, Quarterly is closely monitored by the Federal Reserve and other institutions to inform macroeconomic decisions and assessments that impact interest rates, employment, and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a short lag time. There may be revisions to earlier estimates as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (FINPITGVG01GPQ), retrieved from FRED.