National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Japan
Growth rate same period previous year, Annual
NAEXKP03JPA659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.93
Year-over-Year Change
-44.81%
Date Range
1/1/1995 - 1/1/2024
Summary
The Growth rate same period previous year, Annual trend measures the year-over-year change in an economic indicator, providing insight into the pace and direction of economic growth.
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 annual metric compares a data point to the same period in the prior year, allowing analysts to identify consistent trends and seasonal patterns in the underlying economic activity. It is widely used to evaluate the health and trajectory of the overall economy.
Methodology
The data is calculated based on the year-over-year percent change in the underlying economic indicator.
Historical Context
Policymakers and market participants closely monitor this growth rate to inform decisions and assessments of the broader economic environment.
Key Facts
- The metric is expressed as a percentage change.
- It is a widely used barometer of economic performance.
- The data is published quarterly by the U.S. Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year change in an economic indicator, providing insight into the pace and direction of economic growth.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by policymakers, economists, and market participants to evaluate the health and trajectory of the overall economy.
Q: How is this data collected or calculated?
A: The data is calculated based on the year-over-year percent change in the underlying economic indicator.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this growth rate to inform decisions and assessments of the broader economic environment.
Q: Are there update delays or limitations?
A: The data is published quarterly by the U.S. Federal Reserve, with some potential for minor delays in availability.
Related Trends
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Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Japan
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Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 25 to 54 Years for Japan
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Production: Construction: Total for Japan
JPNPRCNTO01GPSAQ
Nominal Households Final Consumption Expenditure for Japan
NCPHISAXDCJPQ
Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 64 Years for Japan
LRUN64TTJPM156S
Citation
U.S. Federal Reserve, Growth rate same period previous year, Annual (NAEXKP03JPA659S), retrieved from FRED.