Growth Rate Previous Period, Annual, Not Seasonally Adjusted
LFACTTFEG7A657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.27
Year-over-Year Change
62.61%
Date Range
1/1/1963 - 1/1/2016
Summary
This annual, not seasonally adjusted trend measures the year-over-year growth rate of a key economic indicator. It provides insights into the pace of economic expansion or contraction.
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 metric tracks the percent change in a variable compared to the same period in the prior year. This allows economists to analyze economic performance and identify trends over time, which informs policy decisions.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying economic indicators.
Historical Context
This growth rate is used by policymakers, analysts, and market participants to assess the health and trajectory of the U.S. economy.
Key Facts
- The data is released monthly by the U.S. Federal Reserve.
- This metric can signal an economic expansion or contraction.
- Analyzing year-over-year growth rates is key for economic forecasting.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in a key economic indicator, providing insights into the pace of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: This growth rate metric is crucial for assessing the health and trajectory of the U.S. economy, informing policy decisions by policymakers, analysts, and market participants.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on underlying economic indicators.
Q: How is this trend used in economic policy?
A: This growth rate is used by policymakers, analysts, and market participants to evaluate the performance of the U.S. economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Federal Reserve with no significant update delays.
Related Trends
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (LFACTTFEG7A657N), retrieved from FRED.