Growth Rate Previous Period, Quarterly, Seasonally Adjusted
NAEXKP07G7Q657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.85
Year-over-Year Change
-19.81%
Date Range
4/1/1962 - 4/1/2017
Summary
This economic trend measures the quarterly growth rate of real gross domestic product (GDP) in the United States, adjusted for seasonal variations. It is a key indicator of the overall health and trajectory 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 previous period, quarterly, seasonally adjusted metric tracks the percent change in real GDP from one quarter to the next, removing regular seasonal patterns. It provides insight into the pace and direction of economic expansion or contraction, informing policy decisions and market analysis.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on comprehensive national accounts data.
Historical Context
This trend is closely watched by policymakers, economists, and investors to assess the business cycle and make informed decisions.
Key Facts
- GDP growth rate averaged 2.3% per quarter from 1947 to 2022.
- The fastest quarterly GDP growth rate was 16.9% in 1950.
- Negative growth rates signal economic recessions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly percent change in real gross domestic product (GDP) in the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a key indicator of economic health and performance, providing insight into the pace and direction 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 based on comprehensive national accounts data.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and investors closely monitor this trend to assess the business cycle and make informed decisions.
Q: Are there update delays or limitations?
A: There may be delays in the release of this data due to the comprehensive nature of the underlying national accounts data.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (NAEXKP07G7Q657S), retrieved from FRED.