National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Australia
Growth rate previous period, Quarterly
NAEXKP06AUQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.75
Year-over-Year Change
-5539.62%
Date Range
4/1/1960 - 1/1/2025
Summary
The Growth Rate Previous Period, Quarterly metric measures the quarter-over-quarter change in real gross domestic product (GDP) as an annualized percentage. This key 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
The Growth Rate Previous Period, Quarterly is a widely tracked statistic that allows economists and policymakers to assess the momentum of the U.S. economy. It is commonly used to gauge the business cycle and inform decisions around monetary and fiscal policy.
Methodology
This data is calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.
Historical Context
Analysts and institutions closely monitor this metric to interpret the health of the broader economy and make informed investment and policy decisions.
Key Facts
- The U.S. economy grew at an annualized rate of 2.9% in Q4 2022.
- Positive growth indicates an expanding economy, while negative growth signals a contraction.
- This metric is a key input for the Federal Reserve's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Quarterly measures the quarter-over-quarter change in real gross domestic product (GDP) as an annualized percentage.
Q: Why is this trend relevant for users or analysts?
A: This key economic indicator provides insight into the pace of economic expansion or contraction, allowing analysts and policymakers to assess the momentum 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 using established national accounting principles.
Q: How is this trend used in economic policy?
A: Analysts and institutions closely monitor this metric to interpret the health of the broader economy and make informed investment and policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis by the U.S. Bureau of Economic Analysis, with some delay in reporting.
Related Trends
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PRMNTO01AUA156S
Nominal Imports of Goods and Services for Australia
NMSAXDCAUQ
Infra-Annual Labor Statistics: Unemployment Rate Total: From 55 to 64 Years for Australia
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (NAEXKP06AUQ657S), retrieved from FRED.