Infra-Annual Labor Statistics: Employment Male: From 15 to 64 Years for Czechia
Growth rate previous period, Seasonally Adjusted
LFEM64MACZA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.13
Year-over-Year Change
29.79%
Date Range
1/1/1999 - 1/1/2022
Summary
The Growth Rate Previous Period, Seasonally Adjusted metric tracks the quarterly percentage change in real gross domestic product (GDP), a key indicator of economic health and growth.
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 metric provides a measure of economic expansion or contraction, allowing economists and policymakers to assess the overall trajectory of the U.S. economy. It is a valuable tool for analyzing economic performance and informing decision-making.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts data.
Historical Context
Policymakers and market analysts closely monitor this trend to gauge the strength of the economy and inform policy decisions.
Key Facts
- GDP growth rate averaged 2.3% annually from 2010-2019.
- The U.S. economy contracted by 3.4% in 2020 due to the COVID-19 pandemic.
- Positive GDP growth is a sign of a healthy, expanding economy.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Seasonally Adjusted metric measures the quarterly percentage change in real gross domestic product (GDP), the broadest measure of economic activity in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of economic health and growth, allowing economists, policymakers, and market analysts to assess the overall trajectory of the U.S. economy and inform decision-making.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national accounts data.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this trend to gauge the strength of the economy and inform policy decisions, such as interest rate adjustments and fiscal stimulus measures.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a delay of several weeks from the end of the reporting period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Seasonally Adjusted (LFEM64MACZA657S), retrieved from FRED.