Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for G7
Growth rate previous period, Seasonally Adjusted
G7LFEM24MAGPSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.67
Year-over-Year Change
-4802.21%
Date Range
4/1/2005 - 1/1/2018
Summary
The 'Growth rate previous period, Seasonally Adjusted' metric measures the quarter-over-quarter change in real gross domestic product, a key indicator of overall economic health and performance.
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 economic series represents the annualized percent change in real GDP from the previous quarter, adjusted for seasonal variations. It is a widely-tracked statistic used by policymakers, analysts, and economists to gauge the pace and direction of economic growth.
Methodology
The data is calculated based on official GDP statistics published by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and market participants closely monitor this GDP growth rate to inform decisions around monetary and fiscal policy.
Key Facts
- The GDP growth rate has averaged 2.3% annually since 1990.
- Positive growth rates indicate an expanding economy, while negative rates signal a recession.
- The highest quarterly GDP growth rate on record was 33.8% in Q3 2020.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate previous period, Seasonally Adjusted' metric measures the quarter-over-quarter percent change in real gross domestic product, a key indicator of overall economic performance.
Q: Why is this trend relevant for users or analysts?
A: This GDP growth rate is a widely-followed statistic used by policymakers, economists, and market participants to gauge the pace and direction of economic expansion or contraction.
Q: How is this data collected or calculated?
A: The data is calculated based on official GDP statistics published by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and market participants closely monitor this GDP growth rate to inform decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The GDP growth rate data is subject to revisions and may have publication lags of several weeks.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for G7
G7CPGREN01GYQ
Balance of Payments: Financial Account: Liabilities (or Net Incurrence of Liabilities) for G7
G7B6FATD01CXCUQ
Consumer Price Index: All items: Total: Total for G7
G7CPALTT01GPM
Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for G7
G7LFEM24TTGPQ
Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for G7
G7LRHUTTTTSTSAQ
Infra-Annual Labor Statistics: Labor Force Total: From 15 to 64 Years for G7
G7LFAC64TTSTSAQ
Citation
U.S. Federal Reserve, Growth rate previous period, Seasonally Adjusted (G7LFEM24MAGPSAQ), retrieved from FRED.