Nonfinancial Corporations Sector: Employment for Employees
Percent Change at Annual Rate
PRS88003012 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.10
Year-over-Year Change
-80.00%
Date Range
4/1/1947 - 1/1/2025
Summary
The Percent Change at Annual Rate measures the quarter-over-quarter change in real GDP, expressed as an annualized rate. It provides a timely indicator of overall 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 metric takes the quarter-over-quarter change in real GDP and converts it to an annualized rate, allowing for easier comparison across time periods. It is a key economic indicator used by policymakers, analysts, and businesses to assess the strength and direction of the broader economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on their quarterly real GDP estimates.
Historical Context
The Percent Change at Annual Rate is closely watched by the Federal Reserve and other policymakers to help inform monetary and fiscal policies.
Key Facts
- GDP grew at a 3.2% annualized rate in Q1 2023.
- The rate slowed from 2.6% in Q4 2022.
- This was above market expectations of 2.7%.
FAQs
Q: What does this economic trend measure?
A: The Percent Change at Annual Rate measures the quarter-over-quarter change in real GDP, expressed as an annualized rate.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a timely and useful indicator of overall economic growth, which is crucial for policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on their quarterly real GDP estimates.
Q: How is this trend used in economic policy?
A: The Percent Change at Annual Rate is closely watched by the Federal Reserve and other policymakers to help inform monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published quarterly, in line with the Bureau of Economic Analysis' real GDP releases.
Similar PRS Trends
Nonfinancial Corporations Sector: Hours Worked for Employees
PRS88003033
Nonfinancial Corporations Sector: Employment for Employees
PRS88003013
Nonfinancial Corporations Sector: Value-Added Output for Employees
PRS88003053
Nonfinancial Corporations Sector: Unit Nonlabor Payments for Employees
PRS88003131
Nonfinancial Corporations Sector: Real Value-Added Output for Employees
PRS88003043
Nonfinancial Corporations Sector: Hourly Compensation for Employees
PRS88003101
Citation
U.S. Federal Reserve, Percent Change at Annual Rate (PRS88003012), retrieved from FRED.