National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for Brazil

Growth rate same period previous year, Quarterly

NAEXKP02BRQ659S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.56

Year-over-Year Change

39.33%

Date Range

1/1/1997 - 1/1/2025

Summary

This economic trend measures the growth rate of gross domestic product (GDP) in the United States compared to the same quarter of the previous year, providing insight into the pace of economic expansion.

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 same period previous year, Quarterly series tracks the year-over-year change in real GDP, allowing analysts to assess the overall trajectory of the U.S. economy and identify periods of acceleration or deceleration in economic activity.

Methodology

The data is calculated by the U.S. Bureau of Economic Analysis using national accounts data.

Historical Context

This metric is closely watched by policymakers, investors, and economists to gauge the health of the broader economy.

Key Facts

  • GDP growth rate in Q4 2022 was 2.9% year-over-year.
  • The trend has shown positive growth for the last 8 quarters.
  • Historically, this metric has ranged from -3.4% to 8.3%.

FAQs

Q: What does this economic trend measure?

A: This trend measures the year-over-year growth rate of real gross domestic product (GDP) in the United States, providing insight into the pace of economic expansion.

Q: Why is this trend relevant for users or analysts?

A: This metric is closely watched by policymakers, investors, and economists as it offers a clear indication of the overall 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 using national accounts data.

Q: How is this trend used in economic policy?

A: Policymakers closely monitor this trend to assess the need for adjustments to monetary or fiscal policy in order to support or stabilize economic growth.

Q: Are there update delays or limitations?

A: This data is released quarterly by the Bureau of Economic Analysis, with a typical delay of approximately one month following the end of the reference quarter.

Related Trends

Citation

U.S. Federal Reserve, Growth rate same period previous year, Quarterly (NAEXKP02BRQ659S), retrieved from FRED.