International Merchandise Trade Statistics: Imports: Commodities for France
Growth rate same period previous year, Quarterly, Seasonally Adjusted
XTIMVA01FRQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.88
Year-over-Year Change
-104.38%
Date Range
1/1/1971 - 1/1/2025
Summary
This economic trend measures the year-over-year growth rate in real GDP, adjusted for seasonal variations. It provides insight into the pace of economic expansion or contraction over time.
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 year-over-year growth rate in real GDP is a key indicator of the overall health and momentum of the U.S. economy. Economists and policymakers closely monitor this trend to assess the strength of economic activity and guide policy decisions.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts data.
Historical Context
This trend is widely referenced by financial markets, government agencies, and academic institutions to analyze macroeconomic conditions.
Key Facts
- The average annual growth rate from 1960 to 2022 was 3.1%.
- The highest recorded growth rate was 7.7% in Q4 1950.
- The lowest recorded growth rate was -8.9% in Q2 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate in real GDP, which reflects the percentage change in the total value of goods and services produced in the U.S. economy compared to the same quarter in the previous year.
Q: Why is this trend relevant for users or analysts?
A: The year-over-year GDP growth rate is a critical indicator of the overall health and momentum of the U.S. economy, providing insight into the pace of economic expansion or contraction over time.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national accounts data.
Q: How is this trend used in economic policy?
A: Policymakers, such as the Federal Reserve, closely monitor this trend to assess the strength of economic activity and guide decisions on monetary policy, fiscal policy, and other interventions.
Q: Are there update delays or limitations?
A: This data is released quarterly by the Bureau of Economic Analysis, with a delay of approximately one month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly, Seasonally Adjusted (XTIMVA01FRQ659S), retrieved from FRED.