Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for Australia
Growth rate previous period, Quarterly, Not Seasonally Adjusted
LFACTTMAAUQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.20
Year-over-Year Change
-85.36%
Date Range
4/1/1964 - 7/1/2023
Summary
The growth rate previous period, quarterly, not seasonally adjusted metric measures the percent change in a given economic indicator from the previous quarter. This trend provides insights into the pace of economic activity and can inform policy decisions.
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 quarterly, not seasonally adjusted growth rate metric captures the percent change in an economic variable compared to the prior period. It is used by economists and policymakers to analyze the momentum and direction of the economy over time.
Methodology
The data is calculated based on the percent change between consecutive quarterly values of the underlying economic indicator.
Historical Context
Growth rate trends are closely monitored by the Federal Reserve and other institutions to gauge economic performance and inform policy.
Key Facts
- The growth rate is measured as a percent change from the previous quarter.
- This trend provides insight into the momentum of the economy over time.
- Policymakers use growth rate data to inform economic and monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percent change in a given economic indicator from the previous quarter, providing insights into the pace of economic activity.
Q: Why is this trend relevant for users or analysts?
A: Growth rate trends are closely monitored by economists and policymakers to gauge economic performance and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated based on the percent change between consecutive quarterly values of the underlying economic indicator.
Q: How is this trend used in economic policy?
A: Growth rate trends are used by the Federal Reserve and other institutions to assess the momentum and direction of the economy, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly, and there may be a short delay in publishing the most recent figures.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Not Seasonally Adjusted (LFACTTMAAUQ657N), retrieved from FRED.