National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for France
Growth rate same period previous year, Quarterly
NAEXKP03FRQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.17
Year-over-Year Change
-75.41%
Date Range
1/1/1961 - 1/1/2025
Summary
This economic indicator measures the year-over-year growth rate of real gross domestic product (GDP) on a quarterly basis. It provides 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
The growth rate same period previous year, quarterly metric tracks the percent change in real GDP compared to the same quarter in the prior year. It is a key indicator used by economists and policymakers to analyze economic trends and inform policy decisions.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on quarterly GDP estimates.
Historical Context
This metric is closely watched by the Federal Reserve, financial markets, and economic analysts to gauge the strength and direction of the U.S. economy.
Key Facts
- Real GDP grew 3.2% in Q4 2022 compared to Q4 2021.
- The growth rate has averaged 2.3% over the past 10 years.
- Quarterly GDP growth slowed in 2022 amid high inflation and rising interest rates.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the year-over-year growth rate of real gross domestic product (GDP) on a quarterly basis, providing insights into the overall health of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a key indicator used by economists, policymakers, and market analysts to assess the strength and direction of the U.S. economy, informing decisions and forecasts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on quarterly GDP estimates.
Q: How is this trend used in economic policy?
A: The GDP growth rate is closely watched by the Federal Reserve and other policymakers to gauge the overall health of the economy and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The GDP growth rate data is published quarterly by the Bureau of Economic Analysis, with a typical 1-month delay from the end of the reference quarter.
Related Trends
Consumer Price Index: Food and Non-Alcoholic Beverages (COICOP 01): Total for France
FRACP010000GPM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for France
FRACP050000IXOBM
National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for France
FRAGDPRQPSMEI
Consumer Price Index: All Items: Total for France
FRACPALTT01IXNBM
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for France
FRAPROMANAISMEI
National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for France
NAEXKP02FRA657S
Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (NAEXKP03FRQ659S), retrieved from FRED.