Growth Rate Same Period Previous Year, Annual, Not Seasonally Adjusted
BPCRSE01SEA659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.22
Year-over-Year Change
500.55%
Date Range
1/1/1983 - 1/1/2013
Summary
This economic trend measures the year-over-year growth rate of a variable, expressed as an annual percentage change. It is a widely used indicator for analyzing economic performance and trends.
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 metric compares a current year's value to the corresponding value from the previous year, providing a measure of annualized growth. This data is commonly used by economists, policymakers, and analysts to evaluate economic conditions and make informed decisions.
Methodology
This metric is calculated by the U.S. Federal Reserve using source data from various government agencies.
Historical Context
The Growth Rate Same Period Previous Year is a key input for many economic models and forecasts used to guide policy decisions.
Key Facts
- The data is reported on an annual basis, not seasonally adjusted.
- This metric is used to track changes in economic variables over time.
- The year-over-year growth rate can provide insights into the pace of economic expansion or contraction.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of a variable, expressed as an annual percentage change.
Q: Why is this trend relevant for users or analysts?
A: The Growth Rate Same Period Previous Year is a widely used indicator for analyzing economic performance and trends, which is crucial for policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: This metric is calculated by the U.S. Federal Reserve using source data from various government agencies.
Q: How is this trend used in economic policy?
A: The Growth Rate Same Period Previous Year is a key input for many economic models and forecasts used to guide policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on an annual basis and is not seasonally adjusted, which should be considered when interpreting the results.
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Citation
U.S. Federal Reserve, Growth Rate Same Period Previous Year, Annual, Not Seasonally Adjusted (BPCRSE01SEA659S), retrieved from FRED.