National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Denmark
Growth rate same period previous year, Quarterly
NAEXKP07DKQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.99
Year-over-Year Change
-169.72%
Date Range
1/1/1996 - 1/1/2025
Summary
This economic trend measures the year-over-year growth rate of real GDP, providing insights into the pace of economic expansion or contraction in the United States.
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 in the prior year. This metric is a key barometer of the overall health and direction of the U.S. economy.
Methodology
This data is calculated by the U.S. Bureau of Economic Analysis based on national accounts statistics.
Historical Context
Economists and policymakers closely monitor this trend to gauge macroeconomic performance and inform economic policy decisions.
Key Facts
- The U.S. economy grew 2.6% year-over-year in Q3 2022.
- GDP growth slowed to 0.6% in Q2 2022 compared to a year earlier.
- Year-over-year GDP growth has averaged 2.3% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of real GDP, providing insights into the pace of economic expansion or contraction in the United States.
Q: Why is this trend relevant for users or analysts?
A: The growth rate same period previous year, Quarterly indicator is a key barometer of the overall health and direction of the U.S. economy, which is closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: This data is calculated by the U.S. Bureau of Economic Analysis based on national accounts statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to gauge macroeconomic performance and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the U.S. Bureau of Economic Analysis, with a lag of approximately one month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (NAEXKP07DKQ659S), retrieved from FRED.