Growth Rate Previous Period, Annual, Not Seasonally Adjusted
ULQBBU01CAA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.76
Year-over-Year Change
-35.57%
Date Range
1/1/1971 - 1/1/2010
Summary
This economic trend measures the year-over-year growth rate of a key economic indicator, providing insights into the pace of economic expansion or contraction.
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, annual, not seasonally adjusted metric tracks changes in an important economic variable compared to the same period in the prior year. This helps analysts and policymakers understand the underlying trajectory of the economy.
Methodology
The data is calculated based on official government statistics and surveys.
Historical Context
This trend is widely used to inform economic policy decisions and market analysis.
Key Facts
- The growth rate is calculated as a year-over-year percentage change.
- This metric provides a snapshot of the economy's performance over the past 12 months.
- Policymakers closely monitor this trend to assess the need for interventions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of a key economic variable, providing insights into the pace of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: This trend is widely used by economists, policymakers, and market analysts to understand the underlying trajectory of the economy and inform decision-making.
Q: How is this data collected or calculated?
A: The data is calculated based on official government statistics and surveys.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this trend to assess the need for interventions, such as adjusting monetary or fiscal policies, to support economic growth or stability.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and methodological updates of the underlying government statistics.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (ULQBBU01CAA657S), retrieved from FRED.