National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Czech Republic
Growth rate same period previous year, Quarterly
NAEXKP06CZQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.49
Year-over-Year Change
108.43%
Date Range
1/1/1997 - 1/1/2025
Summary
This economic trend measures the year-over-year growth rate of real GDP in the United States on a quarterly basis. It is a key indicator of overall economic performance and a metric closely watched by policymakers and analysts.
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, Quarterly series tracks the annual percent change in real GDP from one quarter to the same quarter in the prior year. This provides a year-over-year perspective on economic expansion or contraction that accounts for seasonal patterns.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on their comprehensive measures of gross domestic product.
Historical Context
This metric is widely used to assess the trajectory of the U.S. economy and inform fiscal and monetary policy decisions.
Key Facts
- GDP growth averaged 2.3% in 2021.
- GDP contracted by 3.4% in 2020 due to the COVID-19 pandemic.
- Quarterly GDP growth rates can vary significantly
FAQs
Q: What does this economic trend measure?
A: This metric measures the year-over-year percent change in real GDP in the United States on a quarterly basis, providing a comparison to the same quarter in the prior year.
Q: Why is this trend relevant for users or analysts?
A: The growth rate same period previous year is a critical indicator of overall economic performance and a key input for policymakers and analysts assessing the state 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 measures of gross domestic product.
Q: How is this trend used in economic policy?
A: This metric is widely used by the Federal Reserve, policymakers, and analysts to evaluate the trajectory of the U.S. economy and inform fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of one month after the end of the quarter.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (NAEXKP06CZQ659S), retrieved from FRED.