National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for Sweden
Growth rate previous period, Quarterly
NAEXKP02SEQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.18
Year-over-Year Change
-56.62%
Date Range
4/1/1960 - 1/1/2025
Summary
The Growth rate previous period, Quarterly trend measures the annualized rate of change in real gross domestic product (GDP) from the previous quarter. This provides important insights into the overall health and momentum 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 metric represents the quarter-over-quarter growth rate of real GDP, adjusted for inflation. It is a key indicator used by economists and policymakers to assess the pace of economic expansion or contraction.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on the National Income and Product Accounts.
Historical Context
The quarterly GDP growth rate is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The U.S. GDP growth rate averaged 2.3% annually from 2010-2019.
- GDP contracted by 3.4% in 2020 due to the COVID-19 pandemic.
- Quarterly GDP growth rates can vary significantly based on economic conditions.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Quarterly trend measures the annualized rate of change in real gross domestic product (GDP) from the previous quarter.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of the overall health and momentum of the U.S. economy, and is closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on the National Income and Product Accounts.
Q: How is this trend used in economic policy?
A: The quarterly GDP growth rate is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a delay, so there may be limitations in its timeliness for real-time economic analysis.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (NAEXKP02SEQ657S), retrieved from FRED.