National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Switzerland
Growth rate previous period, Quarterly
NAEXKP01CHQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.51
Year-over-Year Change
431.64%
Date Range
4/1/1980 - 1/1/2025
Summary
This economic trend measures the quarter-over-quarter growth rate of real gross domestic product (GDP) in the United States. It is a key indicator of overall economic performance and a primary input 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
The Growth Rate Previous Period, Quarterly trend tracks the percent change in real GDP from one quarter to the next. It provides a timely snapshot of the economy's momentum and direction, helping economists and analysts assess the current state and trajectory of the business cycle.
Methodology
This metric is calculated by the Bureau of Economic Analysis based on its comprehensive GDP estimate.
Historical Context
The growth rate trend is widely used to inform monetary and fiscal policy decisions, as well as investment strategies and macroeconomic forecasting.
Key Facts
- GDP growth rate averaged 2.3% over the past decade.
- The U.S. economy contracted by 3.4% in 2020 due to the COVID-19 pandemic.
- Positive GDP growth is generally associated with job creation and rising incomes.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter percent change in real gross domestic product (GDP) in the United States.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a primary indicator of overall economic performance and a key input for policymakers, investors, and economists in assessing the business cycle and economic conditions.
Q: How is this data collected or calculated?
A: The data is calculated by the Bureau of Economic Analysis based on its comprehensive GDP estimate.
Q: How is this trend used in economic policy?
A: The GDP growth rate trend is widely used to inform monetary and fiscal policy decisions, as well as investment strategies and macroeconomic forecasting.
Q: Are there update delays or limitations?
A: The GDP growth rate data is published quarterly with a short delay, typically 4-6 weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (NAEXKP01CHQ657S), retrieved from FRED.