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Growth rate previous period, Quarterly
SPASTT01EEQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.89
Year-over-Year Change
-318.18%
Date Range
10/1/1996 - 4/1/2025
Summary
The growth rate previous period, quarterly trend measures the quarter-over-quarter percentage change in the level of a specified economic indicator. This metric is crucial for analyzing economic growth and momentum.
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 is a derived statistic that represents the rate of change in an economic time series from one quarter to the next. It is a widely used metric for assessing the pace of economic expansion or contraction across various sectors.
Methodology
This statistic is calculated by the U.S. Bureau of Economic Analysis using reported economic data.
Historical Context
Policymakers and analysts closely monitor this trend to gauge the strength and direction of the economy.
Key Facts
- Measured as a quarter-over-quarter percentage change.
- Positive values indicate economic expansion, negative values indicate contraction.
- An important indicator of the pace of economic recovery or recession.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, quarterly trend measures the quarter-over-quarter percentage change in a specified economic indicator, providing insight into the pace of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for analyzing economic growth and momentum, as it helps policymakers and analysts assess the strength and direction of the economy.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Economic Analysis calculates this statistic using reported economic data.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to gauge the strength and direction of the economy, which informs decision-making and policy actions.
Q: Are there update delays or limitations?
A: This data is subject to the timeliness and availability of the underlying economic indicators used in its calculation.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (SPASTT01EEQ657N), retrieved from FRED.