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Growth rate previous period, Quarterly
SPASTT01BRQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.63
Year-over-Year Change
-414.09%
Date Range
1/1/1989 - 4/1/2025
Summary
The Growth rate previous period, Quarterly metric measures the quarter-over-quarter percentage change in gross domestic product (GDP). This key economic indicator provides insights into the overall pace of economic growth and is closely monitored by policymakers.
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 growth rate statistic is a widely used indicator of economic performance. It represents the percent change in real GDP from the previous quarter, allowing analysts to track the trajectory of economic expansion or contraction over time.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on their quarterly GDP estimates.
Historical Context
The growth rate is a crucial input for fiscal and monetary policy decisions made by government and central bank officials.
Key Facts
- GDP grew 2.9% in Q4 2022 compared to the previous quarter.
- The growth rate has averaged 2.3% over the past 10 years.
- Negative growth rates signal an economic recession.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Quarterly metric measures the percent change in real gross domestic product from the prior quarter, providing a gauge of the pace of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: This growth rate statistic is a crucial economic indicator used by policymakers, businesses, and investors to assess the overall health and trajectory of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on their quarterly GDP estimates.
Q: How is this trend used in economic policy?
A: The GDP growth rate is a key input for fiscal and monetary policy decisions made by government and central bank officials to foster economic stability and promote sustainable growth.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Bureau of Economic Analysis, with a short lag period after the end of each quarter.
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SPPOP65UPTOZSBRA
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Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 24 Years for Brazil
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (SPASTT01BRQ657N), retrieved from FRED.