National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for Turkey
Growth rate previous period, Quarterly
NAEXKP02TRQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.40
Year-over-Year Change
-118.92%
Date Range
4/1/1998 - 1/1/2025
Summary
The 'Growth rate previous period, Quarterly' series measures the quarter-over-quarter percentage change in real gross domestic product (GDP). It provides an important gauge of 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 economic indicator tracks the quarterly change in real GDP, which is a comprehensive measure of economic activity. It is a key statistic used by policymakers, analysts, and businesses to assess the current state and trajectory of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on their quarterly GDP estimates.
Historical Context
Economists and investors closely monitor GDP growth trends to inform policy decisions and investment strategies.
Key Facts
- Positive GDP growth indicates economic expansion.
- Negative GDP growth signals an economic recession.
- The U.S. economy grew 2.9% in Q4 2022.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate previous period, Quarterly' series measures the quarter-over-quarter percentage change in real gross domestic product (GDP), a comprehensive indicator of overall economic activity.
Q: Why is this trend relevant for users or analysts?
A: GDP growth is a key metric used by policymakers, economists, and investors to assess the current state and trajectory of the U.S. economy, informing decisions around monetary policy, business strategy, and market trends.
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: Economists and policymakers closely monitor GDP growth trends to inform decisions around monetary and fiscal policy, which can impact employment, inflation, and other macroeconomic factors.
Q: Are there update delays or limitations?
A: The GDP growth data is published on a quarterly basis, with an initial estimate released about a month after the end of each quarter.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (NAEXKP02TRQ657S), retrieved from FRED.