International Merchandise Trade Statistics: Imports: Commodities for Canada
Growth rate previous period, Quarterly, Seasonally Adjusted
XTIMVA01CAQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.27
Year-over-Year Change
-97.01%
Date Range
4/1/1957 - 4/1/2025
Summary
This economic indicator measures the quarter-over-quarter growth rate of real gross value added, a key metric of economic activity. It provides valuable insights into the pace and trajectory of the U.S. economy.
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 growth rate previous period, quarterly, seasonally adjusted indicator tracks changes in real gross value added, which encompasses the total value of goods and services produced by a country's economy. This metric is a crucial barometer of economic performance and a key input for policymakers and analysts.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the national income and product accounts.
Historical Context
This growth rate trend is widely monitored by economists, investors, and policymakers to assess the overall health and direction of the U.S. economy.
Key Facts
- The growth rate is measured on a quarter-over-quarter basis.
- Real gross value added excludes the effects of inflation.
- This metric is a leading indicator of overall economic performance.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the quarter-over-quarter growth rate of real gross value added, which represents the total value of goods and services produced in the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: The growth rate of real gross value added is a crucial metric for understanding the pace and trajectory of the U.S. economy, making it highly relevant for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the national income and product accounts.
Q: How is this trend used in economic policy?
A: This growth rate indicator is closely monitored by economists and policymakers to assess the overall health of the economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the U.S. Bureau of Economic Analysis, with a typical lag of several weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (XTIMVA01CAQ657S), retrieved from FRED.