National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Canada
Growth rate previous period, Quarterly
NAEXKP01CAQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.55
Year-over-Year Change
-53.64%
Date Range
4/1/1961 - 1/1/2025
Summary
The Growth rate previous period, Quarterly trend measures the quarter-over-quarter growth rate of real gross domestic product (GDP) in the United States. This metric is a key indicator of the overall health and direction of the U.S. 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
This economic indicator tracks the rate of change in real GDP, which is a comprehensive measure of the total value of goods and services produced in the U.S. It is a widely followed statistic that provides insight into the momentum and trajectory of the nation's economic activity.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on their quarterly GDP estimates.
Historical Context
Policymakers and market analysts closely monitor the GDP growth rate to assess economic performance and inform decision-making.
Key Facts
- The GDP growth rate is annualized and expressed as a percentage.
- This metric is one of the most closely watched economic indicators.
- Positive growth signals economic expansion, while negative growth indicates recession.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Quarterly trend measures the quarter-over-quarter growth rate of real gross domestic product (GDP) in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insight into the overall health and direction of the U.S. economy, making it a key indicator followed by policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on their quarterly GDP estimates.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor the GDP growth rate to assess economic performance and inform decision-making, such as adjusting monetary or fiscal policies.
Q: Are there update delays or limitations?
A: The GDP growth rate data is released quarterly by the Bureau of Economic Analysis, with a typical delay of around one month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (NAEXKP01CAQ657S), retrieved from FRED.