Growth Rate Previous Period, Annual, Not Seasonally Adjusted
PRCNTO01G7A657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.10
Year-over-Year Change
-26.11%
Date Range
1/1/1991 - 1/1/2016
Summary
The 'Growth Rate Previous Period, Annual, Not Seasonally Adjusted' measures the year-over-year percent change in an economic indicator. This metric provides insight into the underlying trends and momentum of the U.S. economy.
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 trend tracks the annual percent change in a specified indicator compared to the previous year. It offers a perspective on how the measured variable has evolved over the long-term and can be a valuable tool for economists and policymakers analyzing economic conditions.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying indicator values.
Historical Context
Economists and analysts utilize this trend to understand broader macroeconomic shifts and inform policy decisions.
Key Facts
- Data is reported on a not seasonally adjusted basis.
- The time series dates back to 1948.
- This metric provides a long-term perspective on economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in an economic indicator, providing insight into the underlying growth or contraction of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is valuable for economists and policymakers as it offers a long-term perspective on economic momentum and can inform policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on the underlying indicator values.
Q: How is this trend used in economic policy?
A: Economists and analysts utilize this trend to understand broader macroeconomic shifts and inform policy decisions affecting markets and the overall economy.
Q: Are there update delays or limitations?
A: The data is reported on a not seasonally adjusted basis, which may introduce some volatility, but the long-term time series provides a robust perspective on economic performance.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (PRCNTO01G7A657S), retrieved from FRED.