National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Sweden
Growth rate previous period, Quarterly
NAEXKP03SEQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.11
Year-over-Year Change
-42.54%
Date Range
4/1/1960 - 1/1/2025
Summary
The 'Growth rate previous period, Quarterly' metric tracks the quarter-over-quarter change in real gross domestic product (GDP) for the United States. This key economic indicator provides insight into the pace of economic expansion or contraction.
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 quarterly GDP growth rate measures the percentage change in real GDP from the previous quarter. It is a primary gauge of overall economic performance and helps identify periods of economic growth or recession.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on their comprehensive GDP estimate.
Historical Context
Policymakers and economists closely monitor this metric to assess the health of the U.S. economy and inform fiscal and monetary policy decisions.
Key Facts
- The GDP growth rate peaked at 6.9% in Q4 2021.
- Negative growth rates indicate an economic recession.
- This metric is released quarterly by the U.S. Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate previous period, Quarterly' metric measures the percentage change in real gross domestic product (GDP) from the previous quarter in the United States.
Q: Why is this trend relevant for users or analysts?
A: This key economic indicator provides important insights into the pace of economic expansion or contraction, helping policymakers and analysts assess the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on their comprehensive GDP estimate.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this metric to inform fiscal and monetary policy decisions aimed at promoting economic stability and growth.
Q: Are there update delays or limitations?
A: The GDP growth rate data is released quarterly, with a delay of approximately one month after the end of each quarter.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (NAEXKP03SEQ657S), retrieved from FRED.