National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Austria
Growth rate previous period, Quarterly
NAEXKP01ATQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.14
Year-over-Year Change
-95.07%
Date Range
4/1/1988 - 4/1/2025
Summary
The 'Growth rate previous period, Quarterly' metric measures the quarter-over-quarter change in real gross domestic product (GDP), a key indicator of overall economic activity.
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 trend represents the percentage change in real GDP from the previous quarter, providing insights into the pace and direction of economic growth. Economists and policymakers closely monitor this metric to assess the health and trajectory of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on their comprehensive GDP estimates.
Historical Context
The GDP growth rate is a crucial input for economic analysis and policy decisions.
Key Facts
- The U.S. GDP grew by 2.9% in the fourth quarter of 2022.
- Positive GDP growth indicates an expanding economy, while negative growth signals a recession.
- The GDP growth rate is a leading indicator used to assess the overall health of the economy.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate previous period, Quarterly' metric measures the quarter-over-quarter percentage change in real gross domestic product (GDP), which is the broadest indicator of overall economic activity in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend is highly relevant for economists, policymakers, and market analysts as it provides a timely snapshot of the pace and direction of economic growth, which is a crucial input for assessing the health and trajectory 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 based on their comprehensive estimates of gross domestic product.
Q: How is this trend used in economic policy?
A: The GDP growth rate is a key indicator used by the Federal Reserve, Congress, and other policymakers to evaluate the state of the economy and inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The GDP growth rate data is released on a quarterly basis, with a slight delay to allow for comprehensive data collection and analysis by the Bureau of Economic Analysis.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (NAEXKP01ATQ657S), retrieved from FRED.