Producer Prices Index: Economic Activities: Mining and Quarrying Activities: Domestic for Turkey
Growth rate same period previous year, Quarterly
TURPIEAMI02GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
142.30
Year-over-Year Change
1270.07%
Date Range
1/1/1983 - 10/1/2022
Summary
The Growth rate same period previous year, Quarterly measures the year-over-year change in real Gross Domestic Product (GDP). It is a key economic indicator used by policymakers and analysts to assess overall 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
This quarterly metric compares the current quarter's real GDP to the same quarter one year prior, providing insight into the pace and direction of the economy's expansion or contraction. It is widely tracked to understand broader macroeconomic trends and dynamics.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on national accounts and surveys.
Historical Context
Economists and policymakers closely monitor this indicator to inform decisions around monetary, fiscal, and other economic policies.
Key Facts
- GDP grew 3.2% in Q4 2022 compared to Q4 2021.
- The growth rate has been positive for 8 consecutive quarters.
- The all-time high growth rate was 33.8% in Q3 2020.
FAQs
Q: What does this economic trend measure?
A: The Growth rate same period previous year, Quarterly measures the year-over-year change in real Gross Domestic Product (GDP), a key indicator of overall economic growth.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the pace and direction of the economy, allowing policymakers and analysts to assess macroeconomic performance and inform decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on national accounts and surveys.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this indicator to inform decisions around monetary, fiscal, and other economic policies aimed at promoting economic growth and stability.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Bureau of Economic Analysis, with a typical delay of 1-2 months from the end of the reference period.
Related Trends
Production: Energy: Total for Turkey
PRENTO01TRQ661S
U.S. Exports of Goods by F.A.S. Basis to Turkey
EXP4890
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Turkiye
PRMNTO01TRA661N
Labor Compensation: Earnings: Manufacturing: Hourly for Turkey
LCEAMN01TRA657S
Consumer Price Index: Harmonized Prices: Transport (COICOP 07): Total for Turkey
TURCPHP0700IXEBM
Production: Mining: Total for Turkey
PRMITO01TRQ661N
Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (TURPIEAMI02GYQ), retrieved from FRED.