Growth Rate Previous Period, Annual
CPGREN01G7A657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-6.10
Year-over-Year Change
-179.22%
Date Range
1/1/1971 - 1/1/2016
Summary
The Growth Rate Previous Period, Annual measures the year-over-year change in a given economic indicator. This provides valuable insights into the trajectory and momentum of the 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
This annualized growth rate is a key metric for analyzing economic performance and trends over time. It allows for effective comparisons across different periods and helps identify acceleration or deceleration in economic activity.
Methodology
The data is calculated as the percent change from the same period in the previous year.
Historical Context
This growth rate is widely used by policymakers, analysts, and investors to monitor the overall health and direction of the economy.
Key Facts
- Annualized growth rates provide a standardized way to compare economic changes over time.
- This metric is useful for identifying periods of acceleration or deceleration in economic activity.
- The data is widely tracked by policymakers, analysts, and investors to monitor the health of the economy.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Annual measures the year-over-year change in a given economic indicator, providing insights into the trajectory and momentum of the economy.
Q: Why is this trend relevant for users or analysts?
A: This annualized growth rate is a key metric for analyzing economic performance and trends over time, allowing for effective comparisons across different periods and identifying acceleration or deceleration in economic activity.
Q: How is this data collected or calculated?
A: The data is calculated as the percent change from the same period in the previous year.
Q: How is this trend used in economic policy?
A: This growth rate is widely used by policymakers, analysts, and investors to monitor the overall health and direction of the economy, informing decision-making and policy actions.
Q: Are there update delays or limitations?
A: The data is subject to the same update schedules and potential revisions as the underlying economic indicators used to calculate the annualized growth rate.
Related Trends
Balance of Payments: Services: Revenue for G7
G7B6CRSE01CXCUQ
Balance of Payments: Direct Investment: Net (Assets Minus Liabilities) for G7
G7B6FADI01CXCUQ
International Trade: Net trade: Value (goods): Total for G7
G7XTNTVA01STSAQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 55 to 64 Years for G7
G7LFIN55MASTQ
Balance of Payments: Secondary Income: Expenditure for G7
G7B6DBSI01CXCUQ
Infra-Annual Labor Statistics: Working-Age Population Total: From 25 to 54 Years for G7
G7LFWA25TTSTQ
Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual (CPGREN01G7A657N), retrieved from FRED.