Sales: Retail Trade: Car Registration: Passenger Cars for OECD
Growth rate previous period, Quarterly
OECDSLRTCR03GPSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-4.52
Year-over-Year Change
-1421.07%
Date Range
4/1/1973 - 10/1/2018
Summary
This economic trend measures the quarter-over-quarter growth rate of real GDP, a key indicator of overall economic performance. It provides crucial insights for policymakers and analysts assessing the strength and trajectory of a country's economic expansion.
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 metric tracks the percent change in real gross domestic product (GDP) from one quarter to the next. This figure serves as an important barometer of a nation's economic health, helping identify periods of growth, stagnation, or contraction.
Methodology
The data is calculated based on official government GDP statistics.
Historical Context
Policymakers and economists closely monitor this trend to inform fiscal and monetary policy decisions.
Key Facts
- GDP growth is a key measure of a country's economic performance.
- Quarterly GDP growth data provides timely insights on economic momentum.
- Positive growth rates indicate an expanding economy, while negative values signal a recession.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter percent change in a country's real gross domestic product (GDP), a key indicator of overall economic performance and growth.
Q: Why is this trend relevant for users or analysts?
A: Quarterly GDP growth data is crucial for policymakers, economists, and market participants to assess the strength and trajectory of a country's economic expansion or contraction.
Q: How is this data collected or calculated?
A: The data is calculated based on official government GDP statistics.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor this trend to inform fiscal and monetary policy decisions aimed at promoting economic stability and growth.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness and revisions of official government GDP statistics, which may have some publication lags.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (OECDSLRTCR03GPSAQ), retrieved from FRED.