Producer Prices Index: Type of Goods: Investments Goods: Domestic for France
Growth rate previous period, Quarterly
FRAPITGVG02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.58
Year-over-Year Change
468.36%
Date Range
4/1/1995 - 10/1/2022
Summary
The Growth Rate Previous Period, Quarterly series measures the quarter-over-quarter percent change in real gross domestic product (GDP), which is a key indicator of the overall 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
This quarterly economic indicator tracks the pace of change in real GDP, providing insights into the expansion or contraction of the nation's economic output over the previous period. It is a vital metric for policymakers, analysts, and businesses to assess economic performance and guide decision-making.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on its comprehensive measures of GDP.
Historical Context
This growth rate is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- GDP growth rate averaged 2.3% over the past decade.
- Rapid GDP growth can spur inflation and prompt interest rate hikes.
- Negative growth rates signal economic recessions.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Quarterly series measures the quarter-over-quarter percent change in real gross domestic product (GDP), a key indicator of overall economic performance.
Q: Why is this trend relevant for users or analysts?
A: This growth rate is a vital metric for policymakers, analysts, and businesses to assess the pace of economic expansion or contraction and guide decision-making.
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 measures of GDP.
Q: How is this trend used in economic policy?
A: The GDP growth rate is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The GDP growth rate data is released quarterly with a brief delay to allow for comprehensive data collection and analysis.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (FRAPITGVG02GPQ), retrieved from FRED.