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Growth rate previous period, Seasonally Adjusted

LFEM55FESKQ657S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.94

Year-over-Year Change

61.62%

Date Range

4/1/1999 - 7/1/2023

Summary

This economic trend measures the growth rate of the previous period, adjusted for seasonal variations. It provides insights into the pace of economic activity and is a key indicator monitored by economists and policymakers.

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, seasonally adjusted metric tracks the quarter-over-quarter change in economic output, factoring out regular seasonal fluctuations. It is a widely used statistic that helps analysts and institutions assess the underlying momentum of the economy.

Methodology

This data is calculated by the U.S. Federal Reserve using established seasonal adjustment techniques.

Historical Context

Policymakers and market participants closely follow this trend to gauge the strength and trajectory of the economy.

Key Facts

  • The growth rate previous period is measured quarter-over-quarter.
  • Seasonal adjustment removes regular patterns in the data.
  • This trend is a leading indicator of overall economic performance.

FAQs

Q: What does this economic trend measure?

A: This trend measures the quarter-over-quarter growth rate of an economic variable, adjusted to remove regular seasonal fluctuations.

Q: Why is this trend relevant for users or analysts?

A: The growth rate previous period, seasonally adjusted is a key indicator used by economists, policymakers, and market participants to assess the underlying momentum of the economy.

Q: How is this data collected or calculated?

A: The U.S. Federal Reserve calculates this metric using established seasonal adjustment techniques.

Q: How is this trend used in economic policy?

A: Policymakers closely monitor this trend to gauge the strength and trajectory of the economy, informing decisions on monetary and fiscal policy.

Q: Are there update delays or limitations?

A: There may be a lag in the availability of this data due to the time required for collection and seasonal adjustment.

Related Trends

Citation

U.S. Federal Reserve, Growth rate previous period, Seasonally Adjusted (LFEM55FESKQ657S), retrieved from FRED.