National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Russia
Growth rate previous period, Quarterly
NAEXKP01RUQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.79
Year-over-Year Change
-429.17%
Date Range
4/1/2003 - 7/1/2021
Summary
The Growth Rate Previous Period, Quarterly trend measures the percent change in real gross domestic product (GDP) from the previous quarter in the United States. This metric is a key indicator of economic growth and performance.
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 quarterly rate of change in real GDP, which is the broadest measure of overall economic activity. It is used by policymakers, analysts, and economists to assess the strength and trajectory of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts and survey information.
Historical Context
The growth rate is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- The U.S. economy grew 2.4% in Q4 2022 compared to the previous quarter.
- Real GDP growth averaged 2.1% annually from 2010-2019 prior to the COVID-19 pandemic.
- Quarterly GDP growth is a leading indicator of overall economic performance.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Quarterly trend measures the percent change in real gross domestic product (GDP) from the previous quarter in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of economic growth and performance, used by policymakers, analysts, and economists to assess the strength 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 using national accounts and survey information.
Q: How is this trend used in economic policy?
A: The growth rate is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Bureau of Economic Analysis with a short delay after the end of each quarter.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (NAEXKP01RUQ657S), retrieved from FRED.