National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Israel
Growth rate same period previous year, Annual
NAEXKP04ILA659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-6.96
Year-over-Year Change
-236.17%
Date Range
1/1/1996 - 1/1/2024
Summary
This economic trend measures the annual growth rate of real gross domestic product (GDP) compared to the same period in the previous year. It provides insight into the overall health and momentum of the U.S. 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
The growth rate same period previous year, Annual metric tracks the year-over-year change in real GDP, a key indicator of economic expansion or contraction. Economists and policymakers use this data to assess the pace of economic recovery and inform policy decisions.
Methodology
The U.S. Bureau of Economic Analysis calculates this statistic based on quarterly GDP data.
Historical Context
This trend is widely followed by financial markets, economic analysts, and government agencies to gauge the strength of the U.S. economy.
Key Facts
- GDP growth was 2.6% in 2022 Q4 compared to 2021 Q4.
- The fastest annual GDP growth since 1984 was 7.9% in 1984 Q1.
- Real GDP contracted by 3.4% in 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This metric measures the annual growth rate of real gross domestic product (GDP) compared to the same period in the previous year.
Q: Why is this trend relevant for users or analysts?
A: This trend provides key insights into the overall pace of economic expansion or contraction, which is crucial for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Economic Analysis calculates this statistic based on quarterly GDP data.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this GDP growth rate metric to assess the health of the U.S. economy and inform policy decisions.
Q: Are there update delays or limitations?
A: This annual GDP growth rate data is released quarterly by the Bureau of Economic Analysis, with a typical delay of several weeks.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Annual (NAEXKP04ILA659S), retrieved from FRED.