Producer Prices Index: Type of Goods: Investments Goods: Domestic for Sweden
Percent, Quarterly
SWEPITGVG02GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.28
Year-over-Year Change
552.48%
Date Range
1/1/1991 - 10/1/2020
Summary
The Percent, Quarterly series measures the year-over-year change in government purchases of goods and services as a percentage of the previous year's value. This metric is a key indicator of fiscal policy and economic 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
The Percent, Quarterly series tracks the annual percent change in real government purchases of goods and services, a component of Gross Domestic Product (GDP). It provides insight into the government's role in the economy and the impact of fiscal policy on overall economic activity.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis from national accounts data.
Historical Context
Policymakers and analysts monitor this trend to assess the government's fiscal stance and its effects on economic performance.
Key Facts
- Government purchases account for around 18% of GDP.
- Quarterly percent changes range from -2.4% to 3.6% since 2000.
- The trend reached a low during the Great Recession in 2009.
FAQs
Q: What does this economic trend measure?
A: The Percent, Quarterly series measures the year-over-year percent change in real government purchases of goods and services, a component of Gross Domestic Product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the government's fiscal stance and the impact of government spending on overall economic performance, making it a key indicator for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis from national accounts data.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess the government's fiscal policy and its effects on the broader economy, informing decisions around fiscal stimulus, budget planning, and macroeconomic management.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately one month, so there may be a delay in observing the most recent economic conditions.
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Citation
U.S. Federal Reserve, Percent, Quarterly (SWEPITGVG02GYQ), retrieved from FRED.