Claims on Private Sector for Guinea-Bissau
Percent Change From Preceding Period
GNBFDSAOPPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.17
Year-over-Year Change
-65.59%
Date Range
1/1/2001 - 1/1/2024
Summary
This economic trend measures the percent change in real gross national income (GNI) from the previous period. It provides insight into the overall growth and performance 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
The Percent Change From Preceding Period tracks the quarter-over-quarter change in real GNI, which encompasses all income earned by U.S. residents from domestic and foreign sources. This key metric helps economists and policymakers assess the pace of economic expansion or contraction.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on surveys and national accounts.
Historical Context
This trend is closely watched by the Federal Reserve and other institutions to gauge the health of the broader economy.
Key Facts
- Percent Change From Preceding Period is a quarterly metric.
- Real GNI growth was 2.6% in Q4 2022.
- The trend hit a low of -31.2% in Q2 2020 during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Percent Change From Preceding Period tracks the quarter-over-quarter percent change in real gross national income (GNI) for the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the overall growth and performance of the U.S. economy, which is closely monitored by economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on surveys and national accounts.
Q: How is this trend used in economic policy?
A: The Percent Change From Preceding Period is a key indicator watched by the Federal Reserve and other institutions to assess the health of the broader economy and inform policy decisions.
Q: Are there update delays or limitations?
A: This is a quarterly metric, so there is a natural delay between the end of the quarter and the data release.
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Citation
U.S. Federal Reserve, Percent Change From Preceding Period (GNBFDSAOPPCPPPT), retrieved from FRED.