International Merchandise Trade Statistics: Imports: Commodities for OECD
Growth rate previous period, Quarterly, Seasonally Adjusted
OECDXTIMVA01GPSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.35
Year-over-Year Change
-25.61%
Date Range
4/1/1999 - 1/1/2025
Summary
This economic indicator measures the quarter-over-quarter growth rate of real gross domestic product (GDP), adjusted for seasonal variations. It provides insights into the pace of 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 previous period is a key metric used by economists and policymakers to assess the overall health and trajectory of a country's economy. It signals the strength or weakness of economic activity compared to the prior quarter.
Methodology
The data is calculated by the OECD using national accounts and other official economic statistics.
Historical Context
Policymakers and analysts closely monitor this trend to inform economic decision-making and forecasting.
Key Facts
- The growth rate is calculated as a percentage change from the previous quarter.
- Positive values indicate economic expansion, while negative values signal contraction.
- The seasonally adjusted data removes regular seasonal patterns to provide a clearer picture of underlying trends.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the quarter-over-quarter growth rate of real gross domestic product (GDP), adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The growth rate of GDP is a key metric used by economists and policymakers to assess the overall health and trajectory of a country's economy.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using national accounts and other official economic statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to inform economic decision-making and forecasting.
Q: Are there update delays or limitations?
A: The data is typically released on a quarterly basis, with some potential delays in availability.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (OECDXTIMVA01GPSAQ), retrieved from FRED.