Growth Rate Previous Period, Quarterly, Seasonally Adjusted
NAEXKP06G7Q657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.92
Year-over-Year Change
-46.20%
Date Range
4/1/1962 - 4/1/2017
Summary
The Growth Rate Previous Period, Quarterly, Seasonally Adjusted metric measures the quarter-over-quarter change in real gross domestic product (GDP), providing insights into the pace of economic growth.
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 metric represents the percentage change in real GDP from the previous quarter, adjusted for seasonal variations. It is a key economic indicator used by policymakers, analysts, and investors to assess the health and trajectory of the overall economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on their comprehensive GDP estimates.
Historical Context
Changes in this growth rate metric can influence monetary and fiscal policy decisions made by the Federal Reserve and government.
Key Facts
- GDP grew by 2.9% in Q4 2022 compared to the previous quarter.
- The U.S. economy expanded by 6.9% in 2021 after a 3.4% contraction in 2020.
- Quarterly GDP growth rates can be volatile and subject to revisions.
FAQs
Q: What does this economic trend measure?
A: This metric measures the quarter-over-quarter percentage change in real gross domestic product, providing insight into the pace of economic growth.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a crucial indicator used by policymakers, economists, and investors to assess the overall health and direction of the economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on their comprehensive GDP estimates.
Q: How is this trend used in economic policy?
A: Changes in the GDP growth rate can influence monetary and fiscal policy decisions made by the Federal Reserve and government to promote economic stability and growth.
Q: Are there update delays or limitations?
A: Quarterly GDP growth rates may be subject to revisions as more complete data becomes available, and can be volatile from period to period.
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Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for G7
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (NAEXKP06G7Q657S), retrieved from FRED.