National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Sweden
Growth rate previous period, Quarterly
NAEXKP07SEQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.32
Year-over-Year Change
-86.70%
Date Range
4/1/1960 - 1/1/2025
Summary
The 'Growth rate previous period, Quarterly' trend measures the quarter-over-quarter growth rate of the U.S. gross domestic product (GDP). This is a key indicator of overall economic performance and business cycle trends.
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 metric tracks the percentage change in real GDP from the previous quarter, adjusted for seasonal variations. It provides insight into the pace and direction of economic expansion or contraction, which is essential for policymakers, analysts, and investors.
Methodology
The Bureau of Economic Analysis calculates this series using data from the National Income and Product Accounts.
Historical Context
Policymakers and market participants closely monitor this trend to assess the state of the economy and inform decisions around monetary and fiscal policy.
Key Facts
- The highest quarterly growth rate on record was 16.9% in 1950 Q4.
- The lowest quarterly growth rate on record was -31.2% in 2020 Q2.
- The average quarterly growth rate since 1947 is 3.3%.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate previous period, Quarterly' trend measures the percent change in real GDP from the previous quarter, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of overall economic performance and business cycle trends, which is essential information for policymakers, analysts, and investors.
Q: How is this data collected or calculated?
A: The Bureau of Economic Analysis calculates this series using data from the National Income and Product Accounts.
Q: How is this trend used in economic policy?
A: Policymakers and market participants closely monitor this trend to assess the state of the economy and inform decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is published quarterly by the Bureau of Economic Analysis, with a typical release delay of several weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (NAEXKP07SEQ657S), retrieved from FRED.