National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Switzerland
Growth rate same period previous year, Quarterly
NAEXKP07CHQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.66
Year-over-Year Change
22.50%
Date Range
1/1/1981 - 1/1/2025
Summary
This economic trend measures the year-over-year growth rate of real gross domestic product (GDP) on a quarterly basis. It provides an important indicator of the overall health and performance 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 trend tracks the change in real GDP compared to the same quarter in the prior year. This metric helps economists and policymakers assess the pace of economic expansion or contraction over time.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts and economic survey information.
Historical Context
Analysts and policymakers closely monitor this trend to gauge the strength of the business cycle and inform economic and monetary policy decisions.
Key Facts
- U.S. real GDP grew 2.9% year-over-year in Q4 2022.
- Quarterly GDP growth slowed from 3.2% in Q3 2022.
- The economy remains in expansion despite rising interest rates.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percentage change in real gross domestic product (GDP) on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a key indicator of the overall health and performance of the U.S. economy, helping analysts and policymakers assess the pace of economic expansion or contraction.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national accounts and economic survey information.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor GDP growth to inform decisions on monetary and fiscal policy, with implications for interest rates, government spending, and overall economic management.
Q: Are there update delays or limitations?
A: The GDP growth data is released quarterly, with a lag of approximately one month after the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (NAEXKP07CHQ659S), retrieved from FRED.