Growth Rate Previous Period, Annual, Not Seasonally Adjusted
ULQBBU03PTA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.30
Year-over-Year Change
-267.77%
Date Range
1/1/2001 - 1/1/2010
Summary
This economic trend measures the annual growth rate of a specific economic indicator, providing insights into the pace of change compared to the previous period on a non-seasonally adjusted basis.
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 is a valuable metric used by economists and policymakers to analyze the momentum and direction of economic activity. It allows for a clear assessment of year-over-year changes, which is crucial for understanding broader economic trends.
Methodology
The data is calculated based on the percentage change between the current and previous year's values.
Historical Context
This trend is widely used to inform economic policy decisions and market analysis.
Key Facts
- The growth rate is measured on an annual, non-seasonally adjusted basis.
- Positive values indicate economic expansion, while negative values signal contraction.
- This trend provides a snapshot of the overall direction and momentum of the economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual growth rate of a specific economic indicator, providing insights into the pace of change compared to the previous period on a non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The growth rate previous period is a crucial metric used by economists and policymakers to analyze the momentum and direction of economic activity, which is essential for informing economic policy decisions and market analysis.
Q: How is this data collected or calculated?
A: The data is calculated based on the percentage change between the current and previous year's values.
Q: How is this trend used in economic policy?
A: This trend is widely used to inform economic policy decisions and market analysis, as it provides a clear assessment of year-over-year changes, which is crucial for understanding broader economic trends.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be occasional delays or limitations depending on the source and collection methods.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (ULQBBU03PTA657S), retrieved from FRED.