National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Slovak Republic
Growth rate previous period, Quarterly
NAEXKP03SKQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.27
Year-over-Year Change
-144.92%
Date Range
4/1/1997 - 1/1/2025
Summary
The 'Growth rate previous period, Quarterly' measures the quarter-over-quarter growth rate of real GDP in the United States. This key metric provides insights into the pace and direction of the broader 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 series represents the annualized rate of change in real GDP from the previous quarter. It is a widely followed economic indicator that helps analysts and policymakers assess the momentum and trajectory of the U.S. economy.
Methodology
The data is calculated based on the Bureau of Economic Analysis' official real GDP figures.
Historical Context
This growth rate trend is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- GDP growth rate averaged 2.3% in 2022.
- The highest quarterly growth rate was 6.9% in Q4 2021.
- Negative growth rates signal economic recessions.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate previous period, Quarterly' measures the quarter-over-quarter annualized change in real GDP in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a timely gauge of the economy's momentum and is closely watched by policymakers, businesses, and investors to assess the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated by the Bureau of Economic Analysis based on their official real GDP figures.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions closely monitor this GDP growth rate trend to inform monetary and fiscal policy decisions that aim to promote stable economic expansion.
Q: Are there update delays or limitations?
A: The GDP growth rate data is released quarterly, with a slight delay to allow for data collection and analysis.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (NAEXKP03SKQ657S), retrieved from FRED.