Total Construction for the European Union
Growth Rate Previous Period, Quarterly, Seasonally Adjusted
PRCNTO01EUQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.24
Year-over-Year Change
94.20%
Date Range
4/1/1993 - 4/1/2018
Summary
This economic indicator measures the quarterly growth rate of a key macroeconomic variable, providing insights into the pace of economic activity.
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, Quarterly, Seasonally Adjusted series tracks the quarter-over-quarter change in a crucial economic metric, enabling analysts to monitor and interpret broader trends in the economy.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying economic statistics.
Historical Context
This indicator is widely used by policymakers, economists, and investors to assess the health and trajectory of the U.S. economy.
Key Facts
- The series is published quarterly by the U.S. Federal Reserve.
- It measures the rate of change in a key economic variable from the previous quarter.
- The data is seasonally adjusted to account for regular fluctuations.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarter-over-quarter growth rate of a crucial macroeconomic variable, providing insights into the pace of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by policymakers, economists, and investors to assess the health and trajectory of the U.S. economy, informing decision-making and economic forecasting.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on underlying economic statistics.
Q: How is this trend used in economic policy?
A: This indicator is closely monitored by policymakers and analysts to gauge the overall state of the economy and inform policy decisions aimed at promoting economic stability and growth.
Q: Are there update delays or limitations?
A: The data is published quarterly, with a typical release lag of several weeks. There may be revisions to historical data as more complete information becomes available.
Related Trends
Harmonized Index of Consumer Prices: Other Services in Respect of Personal Transport Equipment for European Union (27 Countries from 2020)
CP0724EU272020M086NEST
Harmonized Index of Consumer Prices: Information Processing Equipment for European Union (28 Countries)
CP0913EU28M086NEST
Employment Rate: Aged 15 and Over: All Persons for the European Union
LREMTTTTEUQ156S
Harmonized Index of Consumer Prices: Fuels and Lubricants for Personal Transport Equipment for Euro Area (19 Countries)
CP0722EZ19M086NEST
Harmonized Index of Consumer Prices: Tobacco for European Union (27 Countries from 2020)
CP0220EU272020M086NEST
Employment Rate: Aged 15-24: Males for the European Union
LREM24MAEUQ156N
Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (PRCNCO01EUQ657S), retrieved from FRED.