National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for the Euro Area (19 Countries)
Growth rate previous period, Quarterly
NAEXKP06EZQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.08
Year-over-Year Change
-97.45%
Date Range
4/1/1995 - 1/1/2023
Summary
The 'Growth rate previous period, Quarterly' economic trend measures the quarter-over-quarter percentage change in real GDP. This metric is a key indicator of economic growth and 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 quarterly growth rate of real GDP in the United States. It represents the percent change in inflation-adjusted GDP from the previous quarter, providing insight into the pace and direction of the overall economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on GDP estimates.
Historical Context
Policymakers and analysts closely monitor this trend to gauge economic momentum and inform decision-making.
Key Facts
- The average quarterly GDP growth rate from 1947-2022 was 0.98%.
- Negative quarterly growth rates indicate an economic recession.
- GDP growth is a primary driver of employment, consumer spending, and business investment.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate previous period, Quarterly' metric tracks the quarter-over-quarter percentage change in real GDP, which is a key indicator of economic growth and performance.
Q: Why is this trend relevant for users or analysts?
A: This GDP growth rate trend provides important insights into the pace and direction of the overall economy, making it a crucial data point for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on their quarterly GDP estimates.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this GDP growth rate to gauge economic momentum and inform decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a typical delay of around 1 month after the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (NAEXKP06EZQ657S), retrieved from FRED.