National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Slovak Republic
Growth rate same period previous year, Quarterly
NAEXKP06SKQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.34
Year-over-Year Change
-280.36%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures the year-over-year growth rate of real GDP on a quarterly basis. It provides insight into the overall health and momentum of the U.S. economy.
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 indicator tracks the percent change in real GDP compared to the same quarter of the previous year. It is a key metric used by economists, policymakers, and analysts to assess economic performance and broader macroeconomic trends.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on its quarterly real GDP estimates.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- Real GDP grew 2.6% year-over-year in Q4 2022.
- The U.S. economy expanded 2.1% in 2022 overall.
- Growth rates have varied significantly across sectors and industries.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the year-over-year percent change in real (inflation-adjusted) gross domestic product on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The growth rate in real GDP is a key barometer of overall economic performance and momentum, which is crucial information for policymakers, businesses, and consumers.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on its quarterly real GDP estimates.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions closely monitor this indicator to inform monetary and fiscal policy decisions that aim to promote stable economic growth.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a lag of several weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (NAEXKP06SKQ659S), retrieved from FRED.