Producer Prices Index: Economic Activities: Manufacturing: Total for Luxembourg
Growth rate previous period, Quarterly
LUXPIEAMP01GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.70
Year-over-Year Change
1029.62%
Date Range
4/1/1980 - 10/1/2022
Summary
The growth rate previous period, Quarterly measures the quarter-over-quarter change in real gross domestic product (GDP). This metric is a key indicator of overall economic performance and a critical data point for policymakers and analysts.
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 growth rate previous period, Quarterly represents the percent change in real GDP from the previous quarter. It is a widely-used statistic that provides insight into the pace and direction of economic growth over the short term.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on their comprehensive GDP estimates.
Historical Context
Economists and policymakers closely monitor this indicator to assess the health of the economy and inform policy decisions.
Key Facts
- Real GDP grew 2.9% in Q4 2022.
- The economy contracted 1.6% in Q1 2022.
- Quarterly GDP growth has averaged 2.3% over the past 10 years.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, Quarterly measures the percent change in real gross domestic product (GDP) from the previous quarter.
Q: Why is this trend relevant for users or analysts?
A: This metric is a critical indicator of overall economic performance and growth, providing important insights for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on their comprehensive GDP estimates.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this indicator to assess the health of the economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Bureau of Economic Analysis, with a typical delay of several weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (LUXPIEAMP01GPQ), retrieved from FRED.