Producer Prices Index: Economic Activities: Manufacturing: Domestic for Russia
Growth rate previous period, Quarterly
RUSPIEAMP02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.16
Year-over-Year Change
-49.84%
Date Range
4/1/1998 - 10/1/2021
Summary
The growth rate previous period, Quarterly measures the quarter-over-quarter change in real gross domestic product (GDP). This key economic indicator provides insights into the momentum and trajectory of the broader U.S. 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
This metric represents the percent change in real GDP from the previous quarter, adjusted for seasonal variations. It is a widely followed statistic that helps analysts and policymakers assess the health and direction of the economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts and economic survey information.
Historical Context
Tracking the quarterly growth rate is crucial for understanding current economic conditions and informing fiscal and monetary policy decisions.
Key Facts
- GDP grew 2.9% in Q4 2022 compared to the previous quarter.
- The U.S. economy expanded 5.7% in 2021, the fastest annual growth since 1984.
- Quarterly GDP growth has averaged 2.3% over the past 10 years.
FAQs
Q: What does this economic trend measure?
A: This metric measures the quarter-over-quarter percent change in real gross domestic product (GDP), the broadest indicator of economic activity in the United States.
Q: Why is this trend relevant for users or analysts?
A: The quarterly GDP growth rate is a crucial data point for understanding the momentum and trajectory of the U.S. economy. It informs economic analysis, policy decisions, and market expectations.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Economic Analysis calculates this metric using national accounts data and economic surveys.
Q: How is this trend used in economic policy?
A: Quarterly GDP growth is closely monitored by the Federal Reserve, Congress, and other policymakers to assess the overall health of the economy and inform decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The quarterly GDP growth rate data is released by the Bureau of Economic Analysis with a lag of approximately one month after the end of each quarter.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (RUSPIEAMP02GPQ), retrieved from FRED.