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Growth rate previous period, Quarterly
SPASTT01ILQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.46
Year-over-Year Change
-201.64%
Date Range
4/1/1980 - 4/1/2025
Summary
The 'Growth rate previous period, Quarterly' measures the quarter-over-quarter percent change in real GDP, a key indicator of overall economic activity and 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
This metric provides a snapshot of the short-term trajectory of the U.S. economy, which is crucial for policymakers, analysts, and investors in evaluating economic performance and making informed decisions.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on its estimates of real GDP.
Historical Context
Economists and policymakers closely monitor this trend to gauge the strength and direction of the economy.
Key Facts
- GDP growth rate averaged 2.3% from 2010-2019.
- The U.S. economy contracted by 3.4% in 2020 due to the COVID-19 pandemic.
- Quarterly GDP growth is a leading indicator of economic performance.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the quarter-over-quarter percent change in real gross domestic product (GDP), which is the broadest measure of overall economic activity in the United States.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a crucial metric for economists, policymakers, and investors as it provides insight into the health and trajectory of the U.S. economy, informing decisions around monetary and fiscal policy, investment strategies, and economic forecasting.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on its estimates of real GDP.
Q: How is this trend used in economic policy?
A: Policymakers at the Federal Reserve and other institutions closely monitor GDP growth rates to assess the overall state of the economy and inform decisions on interest rates, stimulus measures, and other policies aimed at promoting economic stability and growth.
Q: Are there update delays or limitations?
A: The GDP growth rate data is published quarterly by the Bureau of Economic Analysis, with a typical delay of one month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (SPASTT01ILQ657N), retrieved from FRED.