National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Norway
Growth rate previous period, Quarterly
NAEXKP07NOQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.14
Year-over-Year Change
2721.47%
Date Range
4/1/1978 - 1/1/2025
Summary
The 'Growth rate previous period, Quarterly' measures the quarter-over-quarter percent change in real gross domestic product. This metric is a key indicator of economic growth and a critical input for policymakers and analysts.
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 series represents the annualized percent change in real GDP from the previous quarter. It provides a snapshot of the economy's momentum and direction, helping analysts and policymakers assess the business cycle and inform macroeconomic decisions.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts statistics.
Historical Context
Policymakers and market participants closely monitor this metric to gauge the overall health of the economy and guide policy interventions.
Key Facts
- The series has been published since 1947.
- GDP growth rates can fluctuate significantly quarter-over-quarter.
- Positive growth rates indicate an expanding economy.
FAQs
Q: What does this economic trend measure?
A: This series measures the quarter-over-quarter percent change in real gross domestic product, providing a gauge of the economy's growth rate.
Q: Why is this trend relevant for users or analysts?
A: This metric is a critical input for policymakers and analysts to assess the business cycle and make informed macroeconomic decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national accounts statistics.
Q: How is this trend used in economic policy?
A: Policymakers and market participants closely monitor this metric to gauge the overall health of the economy and guide policy interventions.
Q: Are there update delays or limitations?
A: The data is published quarterly, with some lag from the end of the reference period.
Related Trends
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LFWATTFENOQ647N
National Accounts: National Accounts Deflators: Private Consumption Expenditure Deflator: Implicit Price Deflator Total for Norway
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Infra-Annual Labor Statistics: Employees Total for Norway
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U.S. Imports of Goods by Customs Basis from Svalbard, Jan Mayen Island
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Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Norway
NORSLRTTO01IXOBM
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (NAEXKP07NOQ657S), retrieved from FRED.