Sales: Retail Trade: Car Registration: Passenger Cars for United States
Growth rate previous period, Quarterly
SLRTCR03USQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-22.31
Year-over-Year Change
817.83%
Date Range
1/1/1960 - 7/1/2021
Summary
The growth rate previous period, Quarterly trend measures the quarter-over-quarter change in real gross domestic product (GDP), providing insight 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
This indicator is a key metric used by economists and policymakers to assess the overall health and direction of the U.S. economy. It serves as an important barometer for monitoring economic performance and informing policy decisions.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on quarterly GDP figures.
Historical Context
Policymakers, analysts, and market participants closely track this indicator to gauge the strength of the economy and inform investment, spending, and policy decisions.
Key Facts
- The growth rate previous period, Quarterly trend is expressed as a percentage change.
- This indicator is published by the U.S. Bureau of Economic Analysis on a quarterly basis.
- Positive growth rates indicate an expanding economy, while negative rates signify an economic contraction.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, Quarterly trend measures the quarter-over-quarter change in real gross domestic product (GDP), providing insight into the pace of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: This indicator is a key metric used by economists and policymakers to assess the overall health and direction of the U.S. economy, serving as an important barometer for monitoring economic performance and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on quarterly GDP figures.
Q: How is this trend used in economic policy?
A: Policymakers, analysts, and market participants closely track this indicator to gauge the strength of the economy and inform investment, spending, and policy decisions.
Q: Are there update delays or limitations?
A: The growth rate previous period, Quarterly trend is published by the U.S. Bureau of Economic Analysis on a quarterly basis, with a limited delay in reporting.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (SLRTCR03USQ657S), retrieved from FRED.