Monetary Aggregates and Their Components: Broad Money and Components: M3 for Norway
Growth rate previous period, Quarterly
MABMM301NOQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.83
Year-over-Year Change
-28.36%
Date Range
7/1/1960 - 1/1/2025
Summary
The 'Growth rate previous period, Quarterly' series measures the quarter-over-quarter percent change in real GDP. This metric is a key indicator of economic growth and a central 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
This economic indicator tracks the rate of change in real gross domestic product (GDP) from one quarter to the previous quarter. It provides insight into the pace and direction of economic expansion or contraction over the short term.
Methodology
The U.S. Bureau of Economic Analysis calculates this series based on its comprehensive quarterly GDP estimates.
Historical Context
Economists and policymakers closely monitor this data to assess the overall health of the U.S. economy and inform fiscal and monetary policy decisions.
Key Facts
- Real GDP grew 2.9% in Q4 2022.
- This metric turned negative in 2020 due to the COVID-19 pandemic.
- The average quarterly GDP growth rate from 2015-2019 was 2.5%.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate previous period, Quarterly' series measures the quarter-over-quarter percent change in real gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of the pace of economic growth, providing important insight into the overall health of the U.S. economy for policymakers, investors, and other stakeholders.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Economic Analysis calculates this series based on its comprehensive quarterly GDP estimates.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this data to assess the economy and inform fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: This series is published quarterly, with a delay of approximately one month after the end of each quarter.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (MABMM301NOQ657S), retrieved from FRED.