Infra-Annual Labor Statistics: Employment Male: 15 Years or over for G7
Growth rate previous period, Seasonally Adjusted
G7LFEMTTMAGPSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.73
Year-over-Year Change
74.94%
Date Range
4/1/2003 - 1/1/2018
Summary
The Growth Rate Previous Period, Seasonally Adjusted is an economic indicator that measures the rate of change in real GDP from the previous quarter. This metric is closely watched by economists and policymakers to assess the overall health and momentum of 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
This series represents the quarter-over-quarter percent change in real GDP, adjusted for seasonal variations. It is a key measure of economic growth and provides insight into the trajectory of the broader economy over time. Policymakers and analysts closely monitor this figure to inform decision-making and economic forecasting.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on their comprehensive GDP estimation methodology.
Historical Context
The growth rate is a critical input for fiscal and monetary policy deliberations, as it helps gauge the appropriate policy stance to support economic stability and expansion.
Key Facts
- The Q4 2022 growth rate was 2.9% on an annualized basis.
- GDP growth is a key driver of employment, consumer spending, and business investment.
- The Federal Reserve closely monitors GDP growth when setting monetary policy.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Seasonally Adjusted measures the quarter-over-quarter percent change in real GDP, providing a snapshot of economic growth momentum.
Q: Why is this trend relevant for users or analysts?
A: This metric is a crucial indicator of the overall health and direction of the U.S. economy, informing decisions by policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on their comprehensive methodology for estimating real GDP.
Q: How is this trend used in economic policy?
A: The GDP growth rate is a key input for fiscal and monetary policy decisions, as it helps gauge the appropriate policy stance to support economic stability and expansion.
Q: Are there update delays or limitations?
A: The GDP growth rate data is published quarterly by the Bureau of Economic Analysis, with a typical release delay of 1-2 months after the end of each quarter.
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Citation
U.S. Federal Reserve, Growth rate previous period, Seasonally Adjusted (G7LFEMTTMAGPSAQ), retrieved from FRED.