National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for G7
Growth rate previous period
G7NAEXKP06GPSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.15
Year-over-Year Change
886.18%
Date Range
4/1/1962 - 1/1/2025
Summary
The growth rate previous period measures the quarter-over-quarter change in real gross domestic product (GDP), a key indicator of overall economic activity. It provides valuable insights into the pace and direction of economic growth.
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 trend represents the percentage change in real GDP from the previous quarter, adjusted for inflation. It is a widely followed metric that allows economists and policymakers to assess the health and momentum of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on its comprehensive national accounts.
Historical Context
The growth rate previous period is a crucial input for government agencies, financial institutions, and economic analysts in evaluating economic performance and informing policy decisions.
Key Facts
- The growth rate previous period is annualized and reported as a percentage.
- It is released quarterly by the Bureau of Economic Analysis.
- Positive growth indicates an expanding economy, while negative growth signals a contraction.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period measures the quarter-over-quarter change in real gross domestic product (GDP), a key indicator of overall economic activity.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the pace and direction of economic growth, allowing economists and policymakers to assess the health and momentum 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.
Q: How is this trend used in economic policy?
A: The growth rate previous period is a crucial input for government agencies, financial institutions, and economic analysts in evaluating economic performance and informing policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Bureau of Economic Analysis, with a typical lag of several weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period (G7NAEXKP06GPSAQ), retrieved from FRED.