National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Czech Republic
Growth rate same period previous year, Annual
NAEXKP06CZA659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.53
Year-over-Year Change
-64.37%
Date Range
1/1/1997 - 1/1/2024
Summary
The 'Growth rate same period previous year, Annual' metric measures the year-over-year change in a given economic indicator, providing insight into the pace of economic growth or decline.
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 annualized growth rate statistic is a key indicator used by economists and policymakers to track the performance of the overall economy. It allows for analysis of long-term trends and can help identify turning points in the business cycle.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on official government economic statistics.
Historical Context
This growth rate trend is widely referenced in economic policy discussions and market commentary.
Key Facts
- The U.S. economy grew 2.4% year-over-year in 2022.
- Positive growth rates signal economic expansion, while negative rates indicate contraction.
- This metric is a leading indicator used to forecast future economic activity.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year, Annual' metric measures the year-over-year change in a key economic indicator, providing insight into the pace of economic growth or decline.
Q: Why is this trend relevant for users or analysts?
A: This annualized growth rate is a crucial indicator used by economists and policymakers to track the performance of the overall economy and identify turning points in the business cycle.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on official government economic statistics.
Q: How is this trend used in economic policy?
A: This growth rate trend is widely referenced in economic policy discussions and market commentary, as it provides insights into the health and trajectory of the overall economy.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule by the U.S. government, with some potential for minor delays in publication.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Annual (NAEXKP06CZA659S), retrieved from FRED.