Producer Prices Index: Type of Goods: Investments Goods: Total for Finland
Growth rate same period previous year, Quarterly
FINPITGVG01GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.98
Year-over-Year Change
333.27%
Date Range
1/1/1996 - 10/1/2022
Summary
The Growth rate same period previous year, Quarterly metric tracks the year-over-year change in quarterly economic growth, providing insight into the pace 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 indicator measures the percent change in real GDP from the same quarter in the previous year, offering a perspective on economic performance over time. It is a widely followed statistic used by economists, policymakers, and analysts to assess the overall health and direction of the economy.
Methodology
The data is calculated based on the U.S. Bureau of Economic Analysis' quarterly real GDP estimates.
Historical Context
This trend is closely monitored as a gauge of the economy's performance and a key input for monetary and fiscal policy decisions.
Key Facts
- GDP growth rate averaged 2.3% over the past decade.
- The highest quarterly growth rate on record was 33.8% in 1950.
- Negative growth rates signal economic recessions.
FAQs
Q: What does this economic trend measure?
A: This metric measures the year-over-year percent change in real GDP, providing insight into the pace and momentum of economic growth in the United States.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a crucial indicator of overall economic health and performance, closely watched by policymakers, businesses, and investors to assess the trajectory of the 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 quarterly real GDP estimates.
Q: How is this trend used in economic policy?
A: The GDP growth rate is a key input for monetary and fiscal policy decisions, as policymakers use it to gauge the need for interventions to stimulate or cool the economy.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a short delay to allow for data collection and analysis. There may be revisions to historical growth rates as more complete information becomes available.
Related Trends
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CP0710FIM086NEST
International Merchandise Trade Statistics: Imports: Commodities for Finland
XTIMVA01FIQ659S
Labor Compensation: Earnings: Private Sector: Hourly for Finland
LCEAPR01FIQ661S
Constant GDP per capita for Finland
NYGDPPCAPKDFIN
Bank Z-Score for Finland
DDSI01FIA645NWDB
Producer Prices Index: Type of Goods: Investments Goods: Domestic for Finland
FINPITGVG02GYM
Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (FINPITGVG01GYQ), retrieved from FRED.