Growth Rate Same Period Previous Year, Quarterly, Seasonally Adjusted
BPDBSE01BRQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.61
Year-over-Year Change
-105.20%
Date Range
1/1/1980 - 10/1/2014
Summary
This trend measures the year-over-year quarterly growth rate, adjusted for seasonal variations, of the Bureau of Economic Analysis's Broad Productivity Index. It provides insights into the underlying productivity trends in 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 Same Period Previous Year, Quarterly, Seasonally Adjusted metric tracks the annualized rate of change in the Broad Productivity Index, which covers a wide range of economic activities. This indicator helps economists and policymakers assess the overall productivity performance of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using reported output and input figures.
Historical Context
This productivity growth trend is a key input for monetary and fiscal policy decisions.
Key Facts
- The index covers a broad range of economic activities.
- Productivity growth is a key driver of long-term economic expansion.
- Quarterly, seasonally adjusted data provides timely insights.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year quarterly growth rate of the Broad Productivity Index, which captures productivity changes across a wide range of economic activities in the United States.
Q: Why is this trend relevant for users or analysts?
A: Productivity growth is a crucial driver of long-term economic expansion, so this trend provides important insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using reported output and input figures.
Q: How is this trend used in economic policy?
A: This productivity growth trend is a key input for monetary and fiscal policy decisions, as it reflects the underlying health and potential of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a typical lag of several weeks, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth Rate Same Period Previous Year, Quarterly, Seasonally Adjusted (BPDBSE01BRQ659S), retrieved from FRED.