Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally Adjusted for France
Growth rate same period previous year
LORSGPORFRQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.66
Year-over-Year Change
-116.62%
Date Range
1/1/1961 - 10/1/2023
Summary
The 'Growth rate same period previous year' trend measures the annual change in total output for the U.S. economy. This key indicator provides insights into the overall economic health 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
This series tracks the year-over-year growth rate of real gross domestic product (GDP), which is the broadest measure of economic activity. It is widely used by economists, policymakers, and financial analysts to assess the strength and direction of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.
Historical Context
The GDP growth rate trend is a crucial input for Federal Reserve monetary policy decisions and has significant implications for consumers, businesses, and markets.
Key Facts
- GDP growth rate reached a high of 6.9% in Q4 2021.
- The growth rate turned negative in 2020 due to the COVID-19 pandemic.
- Sustained high GDP growth is a key objective of U.S. economic policy.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year' trend measures the annual change in real gross domestic product (GDP), which is the broadest indicator of overall U.S. economic activity.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a crucial macroeconomic indicator used by policymakers, economists, and investors to assess the 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 using established national accounting principles.
Q: How is this trend used in economic policy?
A: The GDP growth rate is a key input for Federal Reserve monetary policy decisions and has significant implications for consumers, businesses, and financial markets.
Q: Are there update delays or limitations?
A: The GDP growth rate data is published quarterly by the Bureau of Economic Analysis, with a typical delay of one month.
Related Trends
Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 55 to 64 Years for France
LRAC55MAFRQ156N
Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for France
QFRPAM770A
Projection of General government gross debt for France
GGGDTPFRA188N
Amount Outstanding of International Debt Securities for Issuers in Non-Financial Corporations (Corporate Issuers), All Maturities, Residence of Issuer in France
IDSNFAMRIAOFR
Net migration for France
SMPOPNETMFRA
National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for France
FRAGDPRQPSMEI
Citation
U.S. Federal Reserve, Growth rate same period previous year (LORSGPORFRQ659S), retrieved from FRED.