Monetary Aggregates and Their Components: Broad Money and Components: M3 for Russia
Growth rate previous period, Quarterly, Seasonally Adjusted
MABMM301RUQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.74
Year-over-Year Change
414.62%
Date Range
10/1/1995 - 1/1/2023
Summary
This economic trend measures the quarter-over-quarter growth rate of the U.S. Gross Domestic Product (GDP) in a given quarter, adjusted for seasonal variations. It is a key indicator of the overall health and direction of the American 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 growth rate previous period, quarterly, seasonally adjusted statistic represents the percent change in real GDP from the prior quarter. This metric helps economists and policymakers understand the trajectory of economic expansion or contraction on a consistent, comparable basis.
Methodology
The U.S. Bureau of Economic Analysis calculates this data point based on its comprehensive GDP estimates.
Historical Context
Analysts and institutions closely monitor this trend to gauge the pace of the business cycle and inform economic policy decisions.
Key Facts
- The GDP growth rate averaged 2.3% from 1947-2022.
- Quarterly GDP growth has ranged from -31.2% to +16.9% historically.
- Rapid GDP growth is typically associated with economic expansions.
FAQs
Q: What does this economic trend measure?
A: This metric measures the quarter-over-quarter percent change in real U.S. Gross Domestic Product, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a widely-watched indicator of the overall health and direction of the American economy, informing economic policy and investment decisions.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Economic Analysis calculates this data point based on its comprehensive GDP estimates.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this metric to gauge the pace of the business cycle and inform decisions around monetary, fiscal, and other economic policies.
Q: Are there update delays or limitations?
A: This data is released on a quarterly basis with a short delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (MABMM301RUQ657S), retrieved from FRED.