National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Sweden
Growth rate same period previous year, Quarterly
NAEXKP07SEQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.55
Year-over-Year Change
-75.32%
Date Range
1/1/1961 - 1/1/2025
Summary
This economic trend measures the year-over-year growth rate of real GDP for the United States on a quarterly basis. It provides valuable insights into the pace of the nation's economic expansion or contraction.
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 metric tracks the percentage change in real gross domestic product (GDP) between the current quarter and the same quarter in the previous year. This metric offers a broader perspective on economic performance compared to quarter-over-quarter growth rates.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on official GDP figures.
Historical Context
This trend is closely monitored by policymakers, economists, and market analysts to assess the health and trajectory of the U.S. economy.
Key Facts
- The highest growth rate was 8.9% in Q3 2020.
- The lowest growth rate was -9.0% in Q2 2020.
- The average growth rate over the past 10 years is 2.4%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of real GDP in the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the pace of the nation's economic expansion or contraction, which is crucial for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on official GDP figures.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers to assess the health and trajectory of the U.S. economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of one to two months after the end of the reference quarter.
Related Trends
Infra-Annual Labor Statistics: Labor Force Total: From 15 to 74 Years for Sweden
LFAC74TTSEQ647N
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Electricity, Gas, Steam, and Air Conditioning Supply for Sweden
SWEPREND401IXOBQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Health for Sweden
SWECPHP0600IXOBM
Bank Z-Score for Sweden
DDSI01SEA645NWDB
Share Prices: All Shares/Broad: Total for Sweden
SWESPASTT01GYQ
Financial Market: Share Prices for Sweden
SPASTT01SEQ661N
Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (NAEXKP07SEQ659S), retrieved from FRED.