Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Portugal
Growth rate previous period, Annual, Seasonally Adjusted
LFACTTTTPTA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.62
Year-over-Year Change
2678.77%
Date Range
1/1/1975 - 1/1/2022
Summary
This economic trend measures the annualized growth rate in the previous period, adjusted for seasonal variations. It provides insights into the pace of economic expansion or contraction over the prior year.
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, annual, seasonally adjusted metric tracks changes in the size of the economy from one year to the next, after accounting for regular seasonal patterns. It is a key indicator used by economists and policymakers to evaluate the overall health and trajectory of the U.S. economy.
Methodology
This data is calculated by the U.S. Federal Reserve based on GDP and other macroeconomic indicators.
Historical Context
The growth rate previous period trend informs decisions around monetary and fiscal policy.
Key Facts
- The metric is annualized and seasonally adjusted.
- It tracks changes in GDP over the prior 12-month period.
- The growth rate is a leading indicator of overall economic health.
FAQs
Q: What does this economic trend measure?
A: This metric measures the annualized growth rate in the previous period, after adjusting for seasonal variations. It provides a snapshot of the economy's expansion or contraction over the prior year.
Q: Why is this trend relevant for users or analysts?
A: The growth rate previous period is a key indicator used by economists, policymakers, and market analysts to evaluate the overall health and trajectory of the U.S. economy.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve calculates this metric based on GDP and other macroeconomic data.
Q: How is this trend used in economic policy?
A: The growth rate previous period informs decisions around monetary and fiscal policy, as it signals the pace of economic expansion or contraction.
Q: Are there update delays or limitations?
A: The data is updated quarterly by the Federal Reserve, with a typical lag of several weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFACTTTTPTA657S), retrieved from FRED.