Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for OECD
Growth rate previous period, Seasonally Adjusted
OECDLFEM55TTGPSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.92
Year-over-Year Change
-68.48%
Date Range
4/1/2007 - 7/1/2023
Summary
The 'Growth rate previous period, Seasonally Adjusted' trend measures the quarter-over-quarter change in GDP for the United States, providing insights into the pace of economic 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 economic indicator tracks the quarterly percentage change in real GDP, adjusted for seasonal variations. It is a key metric used by economists and policymakers to analyze the health and trajectory of the U.S. economy.
Methodology
The data is collected and calculated by the Organization for Economic Co-operation and Development (OECD) using official GDP statistics.
Historical Context
Monitoring this trend helps inform monetary and fiscal policy decisions to promote stable and sustainable economic growth.
Key Facts
- GDP growth rate measures the percentage change in real GDP from one quarter to the next.
- Positive growth rates indicate an expanding economy, while negative growth signals a contraction.
- Analyzing GDP growth helps policymakers assess the overall health of the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate previous period, Seasonally Adjusted' trend measures the quarter-over-quarter percentage change in real GDP for the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of economic performance and helps inform policy decisions to promote stable and sustainable growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD using official GDP statistics from the U.S. government.
Q: How is this trend used in economic policy?
A: Monitoring GDP growth rates helps policymakers at the Federal Reserve and other institutions assess the overall health of the economy and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The GDP growth data is typically released on a quarterly basis, with a short lag between the end of the quarter and the publication of the statistics.
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Citation
U.S. Federal Reserve, Growth rate previous period, Seasonally Adjusted (OECDLFEM55TTGPSAQ), retrieved from FRED.