National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for India
Growth rate same period previous year, Quarterly
NAEXKP07INQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-12.67
Year-over-Year Change
-284.11%
Date Range
4/1/2012 - 1/1/2025
Summary
The 'Growth rate same period previous year, Quarterly' measures the year-over-year change in real GDP in the United States on a quarterly basis. This metric provides insight into the pace and trajectory 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 economic indicator tracks the annualized percent change in real GDP compared to the same quarter in the previous year. It is a widely followed measure of overall economic performance and a key input for macroeconomic analysis and policymaking.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts and GDP statistics.
Historical Context
This growth rate trend is closely monitored by economists, investors, and policymakers to assess the health and direction of the U.S. economy.
Key Facts
- Measured on a quarterly basis since 1947.
- Positive values indicate expanding economic activity.
- Reached a low of -31.2% in Q2 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year, Quarterly' measures the year-over-year change in real GDP in the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the pace and trajectory of economic growth, which is a key indicator of overall economic performance and a critical input for macroeconomic analysis and policymaking.
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 GDP statistics.
Q: How is this trend used in economic policy?
A: This growth rate trend is closely monitored by economists, investors, and policymakers to assess the health and direction of the U.S. economy, which informs decision-making on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of several weeks after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (NAEXKP07INQ659S), retrieved from FRED.