Growth Rate Previous Period, Quarterly, Seasonally Adjusted
ULQBBU01EUQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.22
Year-over-Year Change
-75.24%
Date Range
4/1/1995 - 1/1/2011
Summary
This economic indicator measures the quarterly growth rate of real GDP, adjusted for seasonal variations. It provides a timely gauge of the overall health and trajectory 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
The Quarterly Growth Rate Previous Period, Seasonally Adjusted is a widely-watched macroeconomic indicator that quantifies the percent change in real gross domestic product (GDP) from one quarter to the next. This metric helps economists and policymakers assess the pace of economic expansion or contraction.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on its comprehensive surveys of businesses and households.
Historical Context
This GDP growth rate is a crucial input for Federal Reserve monetary policy decisions and market analysis of the business cycle.
Key Facts
- GDP grew 6.9% in Q4 2021.
- The economy contracted 3.4% in 2020 due to the COVID-19 pandemic.
- Quarterly GDP growth has averaged 2.3% since 1947.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the quarterly percent change in real gross domestic product (GDP), which is the broadest measure of U.S. economic activity.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a crucial barometer of the overall health of the economy and a key input for Federal Reserve policy and market analysis.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on comprehensive surveys of businesses and households.
Q: How is this trend used in economic policy?
A: The GDP growth rate is a key factor considered by the Federal Reserve in setting monetary policy to promote full employment and price stability.
Q: Are there update delays or limitations?
A: The GDP growth rate data has a lag of about one month, and is subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (ULQBBU01EUQ657S), retrieved from FRED.