Growth Rate Previous Period, Quarterly, Seasonally Adjusted
NAEXKP04G7Q657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.84
Year-over-Year Change
86.67%
Date Range
4/1/1962 - 4/1/2017
Summary
The Growth Rate Previous Period, Quarterly, Seasonally Adjusted metric measures the quarter-over-quarter growth rate of the U.S. economy, providing a timely indicator of economic performance.
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 tracks the seasonally adjusted percent change in real gross domestic product (GDP) from the previous quarter. It offers a rapid assessment of the economy's momentum and is closely monitored by policymakers, analysts, and businesses to gauge the overall health of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on their comprehensive national accounts.
Historical Context
The growth rate is a key input for monetary and fiscal policy decisions made by the Federal Reserve and Congress.
Key Facts
- The growth rate is annualized, meaning it represents a full year's growth if the quarterly pace continued.
- Positive growth rates signal economic expansion, while negative rates indicate a recession.
- This metric is released alongside the Bureau's quarterly GDP report.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Quarterly, Seasonally Adjusted metric measures the quarter-over-quarter percent change in real gross domestic product (GDP), providing a timely gauge of economic performance.
Q: Why is this trend relevant for users or analysts?
A: This growth rate is a closely watched indicator that offers rapid insights into the economy's momentum, making it highly relevant for policymakers, businesses, and analysts assessing 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 national accounts.
Q: How is this trend used in economic policy?
A: The growth rate is a key input for monetary and fiscal policy decisions made by the Federal Reserve and Congress, as it provides a timely assessment of the economy's performance.
Q: Are there update delays or limitations?
A: This metric is released alongside the Bureau's quarterly GDP report, so there is a short lag between the end of the quarter and the data publication.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for G7
G7CPALTT01IXOBQ
Balance of Payments: Goods: Revenue for G7
G7B6CRTD01CXCUQ
Infra-Annual Labor Statistics: Employment Male: 15 Years or over for G7
G7LFEMTTMAGPQ
Balance of Payments: Direct Investment: Liabilities (or Net Incurrence of Liabilities) for G7
G7B6FADI03CXCUQ
Infra-Annual Labor Statistics: Unemployment Male: From 15 to 64 Years for G7
G7LFUN64MASTQ
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for G7
G7PRINTO01IXOBSAM
Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (NAEXKP04G7Q657S), retrieved from FRED.