Producer Prices Index: Type of Goods: Investments Goods: Total for Luxembourg
Growth rate previous period, Quarterly
LUXPITGVG01GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.82
Year-over-Year Change
439.52%
Date Range
4/1/1980 - 10/1/2022
Summary
This economic trend measures the quarter-over-quarter growth rate of real Gross Domestic Product (GDP), a key indicator of economic health and activity in the United States.
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 Gross Domestic Product (GDP) growth rate is a widely-watched metric that captures the change in the total value of goods and services produced within a country during a specific period. The quarterly GDP growth rate is a useful economic indicator for policymakers, analysts, and businesses to assess the pace of economic expansion or contraction.
Methodology
This data is calculated and published by the U.S. Bureau of Economic Analysis based on their comprehensive national accounts.
Historical Context
Policymakers often consider GDP growth trends when making decisions around monetary and fiscal policies.
Key Facts
- The U.S. GDP growth rate averaged 2.3% from 1947 to 2022.
- Rapid GDP growth is associated with a healthy, expanding economy.
- Negative GDP growth indicates an economic recession.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter growth rate of real Gross Domestic Product (GDP), which represents the total value of goods and services produced in the United States during a given quarter.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a critical economic indicator that provides insight into the overall health and pace of economic activity. It is closely monitored by policymakers, businesses, and analysts to assess current conditions and make informed decisions.
Q: How is this data collected or calculated?
A: This data is calculated and published by the U.S. Bureau of Economic Analysis as part of their comprehensive national accounts.
Q: How is this trend used in economic policy?
A: Policymakers often consider GDP growth trends when making decisions around monetary and fiscal policies, as the GDP growth rate is a key indicator of the overall strength of the economy.
Q: Are there update delays or limitations?
A: The GDP growth rate data is typically published on a quarterly basis, with a slight delay to allow for comprehensive data collection and analysis.
Related Trends
Harmonized Index of Consumer Prices: Personal Care for Luxembourg
CP1210LUM086NEST
Harmonized Index of Consumer Prices: Overall Index Excluding Seasonal Food for Luxembourg
00XSEALUM086NEST
Infra-Annual Labor Statistics: Employment Female: From 15 to 24 Years for Luxembourg
LFEM24FELUA647N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Luxembourg
LUXCPHP0300IXOBM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Luxembourg
LUXCP080000CTGYM
Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Luxembourg
DDOI12LUA156NWDB
Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (LUXPITGVG01GPQ), retrieved from FRED.