Producer Prices Index: Type of Goods: Intermediate Goods: Domestic for France
Growth rate previous period, Quarterly
FRAPITGIG02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.17
Year-over-Year Change
-125.18%
Date Range
4/1/1980 - 10/1/2022
Summary
The Growth rate previous period, Quarterly trend measures the percent change in real gross domestic product (GDP) from the previous quarter. This metric is a key indicator of economic growth and momentum.
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 trend represents the quarter-over-quarter percent change in real GDP, which is the broadest measure of overall economic activity. This data is widely used by economists, policymakers, and analysts to assess the health and direction of the U.S. economy.
Methodology
The Bureau of Economic Analysis calculates this statistic based on its comprehensive GDP data.
Historical Context
The growth rate is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- GDP grew 2.9% in Q4 2022 compared to the prior quarter.
- The growth rate has averaged 2.3% over the past 10 years.
- Quarterly GDP growth turned negative in 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Quarterly trend measures the percent change in real gross domestic product (GDP) from the previous quarter. It is a key indicator of overall economic growth and momentum.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists, policymakers, and market analysts to assess the health and direction of the U.S. economy. The quarterly GDP growth rate is a primary input for economic forecasting and policy decisions.
Q: How is this data collected or calculated?
A: The Bureau of Economic Analysis calculates this statistic based on its comprehensive GDP data.
Q: How is this trend used in economic policy?
A: The growth rate is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions, as it is a key indicator of overall economic conditions and momentum.
Q: Are there update delays or limitations?
A: The GDP growth rate data is published on a quarterly basis with a lag of several weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (FRAPITGIG02GPQ), retrieved from FRED.