National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Switzerland
Growth rate previous period, Annual
NAEXKP03CHA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.54
Year-over-Year Change
-1121.04%
Date Range
1/1/1981 - 1/1/2024
Summary
The annual growth rate previous period measures the year-over-year change in a specific economic indicator. This metric is a key measure of economic performance and helps policymakers assess the trajectory of the 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
The annual growth rate previous period is a widely used economic indicator that captures the percent change in a data series compared to the same period one year earlier. It provides insight into the direction and pace of economic activity over time.
Methodology
This metric is calculated by the U.S. Bureau of Economic Analysis using data from various government and private sources.
Historical Context
Economists and policymakers closely monitor the annual growth rate previous period to gauge the overall health of the economy and inform policy decisions.
Key Facts
- The annual growth rate previous period is expressed as a percentage.
- This metric can signal changes in consumer spending, business investment, and other key economic drivers.
- Data for the annual growth rate previous period is released on a regular schedule by the U.S. government.
FAQs
Q: What does this economic trend measure?
A: The annual growth rate previous period measures the year-over-year change in a specific economic indicator, providing insight into the direction and pace of economic activity.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key measure of economic performance that helps policymakers, economists, and market participants assess the overall health and trajectory of the economy.
Q: How is this data collected or calculated?
A: The annual growth rate previous period is calculated by the U.S. Bureau of Economic Analysis using data from various government and private sources.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor the annual growth rate previous period to inform policy decisions and assess the effectiveness of economic interventions.
Q: Are there update delays or limitations?
A: Data for the annual growth rate previous period is released on a regular schedule by the U.S. government, with some potential for minor delays or revisions.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual (NAEXKP03CHA657S), retrieved from FRED.