Shortening, Stocks at Factories and Warehouses for United States
Quarterly
Q05040USQ439NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46.30
Year-over-Year Change
-13.78%
Date Range
1/1/1922 - 10/1/1943
Summary
The Quarterly GDP Growth Rate measures the quarter-over-quarter percent change in the total value of goods and services produced in the United States. It is a key economic indicator used to assess the overall health and direction of the economy.
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 Quarterly GDP Growth Rate, also known as the real GDP growth rate, tracks the rate of expansion or contraction in the nation's economic output on a quarterly basis. This metric provides insight into economic performance and is closely monitored by policymakers, analysts, and businesses.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on surveys and economic records.
Historical Context
The GDP growth rate is a critical input for fiscal and monetary policy decisions.
Key Facts
- GDP grew by 2.9% in Q4 2022.
- The US economy expanded by 5.7% in 2021.
- Quarterly GDP is released approximately 1 month after the end of each quarter.
FAQs
Q: What does this economic trend measure?
A: The Quarterly GDP Growth Rate measures the percent change in the total value of goods and services produced in the United States on a quarter-over-quarter basis.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a key indicator of overall economic performance and is closely watched by policymakers, businesses, and investors to assess the health and direction of the economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on surveys and economic records.
Q: How is this trend used in economic policy?
A: The GDP growth rate is a critical input for fiscal and monetary policy decisions, as it provides insight into the overall health and direction of the economy.
Q: Are there update delays or limitations?
A: Quarterly GDP data is released approximately 1 month after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly GDP Growth Rate (Q05040USQ439NNBR), retrieved from FRED.