National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Turkey
Growth rate same period previous year, Quarterly
NAEXKP03TRQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.46
Year-over-Year Change
-29.01%
Date Range
1/1/1999 - 1/1/2025
Summary
The Growth rate same period previous year, Quarterly trend measures the year-over-year change in real gross domestic product (GDP) for the United States. This metric is a key indicator of economic performance and 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 economic trend represents the percent change in real GDP from the same quarter in the previous year. It provides insight into the trajectory and momentum of the U.S. economy and is widely used by economists, policymakers, and market analysts.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts data.
Historical Context
The growth rate is a crucial input for economic policy decisions and market analysis.
Key Facts
- GDP grew 2.6% year-over-year in Q4 2022.
- The growth rate has averaged 2.3% over the past 10 years.
- Positive growth indicates economic expansion.
FAQs
Q: What does this economic trend measure?
A: The Growth rate same period previous year, Quarterly trend measures the percent change in real gross domestic product (GDP) from the same quarter in the previous year.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the pace and trajectory of the U.S. economy, making it a key indicator for economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national accounts data.
Q: How is this trend used in economic policy?
A: The growth rate is a crucial input for economic policy decisions, as it reflects the overall health and performance of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a delay of approximately one month after the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (NAEXKP03TRQ659S), retrieved from FRED.