Broad Money for Gambia, The
Percent Change From Preceding Period
GMBFMBPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.74
Year-over-Year Change
-57.74%
Date Range
1/1/2000 - 1/1/2026
Summary
The 'Percent Change From Preceding Period' tracks the quarterly percent change in real gross domestic product (GDP) for the U.S. economy. This metric is a key indicator of economic growth and a crucial data point for economists and policymakers.
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 series measures the quarter-over-quarter percent change in real GDP, adjusting for inflation. It provides a snapshot of the overall health and direction of the U.S. economy, helping analysts and decision-makers assess current conditions and forecast future trends.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on comprehensive surveys and economic indicators.
Historical Context
Policymakers use this metric to inform monetary and fiscal policies, while investors monitor it to gauge market conditions and make informed decisions.
Key Facts
- The highest quarterly GDP growth rate on record was 33.8% in Q3 2020.
- GDP growth contracted by 31.2% in Q2 2020 due to the COVID-19 pandemic.
- The U.S. economy has averaged around 2-3% annual GDP growth in recent decades.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change From Preceding Period' tracks the quarterly percent change in real gross domestic product (GDP) for the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of economic growth and a crucial data point for economists and policymakers to 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 comprehensive surveys and economic indicators.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to inform monetary and fiscal policies, while investors monitor it to gauge market conditions and make informed decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly by the U.S. Bureau of Economic Analysis, with a typical release delay of one month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Percent Change From Preceding Period (GMBFMBPCPPPT), retrieved from FRED.