Producer Prices Index: Economic Activities: Total Energy for Ireland
Quarterly
PIEAEN01IEQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
96.93
Year-over-Year Change
-27.01%
Date Range
1/1/2005 - 10/1/2017
Summary
The Quarterly Gross Domestic Product (GDP) measures the total value of all goods and services produced in the United States over a three-month period. It is a key indicator of economic health and the primary gauge of economic growth.
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
Quarterly GDP represents the broadest measure of economic activity and is used by policymakers, analysts, and investors to assess the overall performance of the U.S. economy. The data is seasonally adjusted and reported as an annualized rate of change.
Methodology
Quarterly GDP is calculated by the U.S. Bureau of Economic Analysis based on surveys, administrative data, and econometric models.
Historical Context
Quarterly GDP figures are closely watched by the Federal Reserve and influence monetary policy decisions.
Key Facts
- Quarterly GDP is reported as an annualized percentage change.
- The U.S. economy grew at an annual rate of 2.4% in the fourth quarter of 2022.
- Quarterly GDP is a leading indicator of overall economic performance.
FAQs
Q: What does this economic trend measure?
A: Quarterly GDP measures the total value of all goods and services produced in the United States over a three-month period. It is the broadest indicator of economic activity.
Q: Why is this trend relevant for users or analysts?
A: Quarterly GDP is a key metric used by policymakers, economists, and investors to assess the overall health and performance of the U.S. economy.
Q: How is this data collected or calculated?
A: Quarterly GDP is calculated by the U.S. Bureau of Economic Analysis based on surveys, administrative data, and econometric models.
Q: How is this trend used in economic policy?
A: Quarterly GDP figures are closely watched by the Federal Reserve and influence monetary policy decisions aimed at promoting economic growth and stability.
Q: Are there update delays or limitations?
A: Quarterly GDP data is typically released by the Bureau of Economic Analysis with a one-month delay after the end of each quarter.
Related Trends
Credit to Government and State-Owned Enterprises to GDP for Ireland
DDEI08IEA156NWDB
Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Ireland
IRLFCAKNUM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Residuals for Ireland
IRLCPSDCTGYCTGYM
Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Ireland
IRLFCLODCHXDC
Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for Ireland
IRLLORSGPTDSTSAM
Production: Industry: Total Industry Excluding Construction for Ireland
PRINTO01IEA657S
Citation
U.S. Federal Reserve, Quarterly Gross Domestic Product (PIEAEN01IEQ661N), retrieved from FRED.