Growth Rate Previous Period, Quarterly, Seasonally Adjusted
ULQBBU04CAQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.28
Year-over-Year Change
99.06%
Date Range
4/1/1970 - 7/1/2011
Summary
This economic indicator measures the quarterly growth rate of the U.S. economy, 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, quarterly, seasonally adjusted metric tracks the quarter-over-quarter percentage change in real GDP, a key measure of overall economic activity. It is used by policymakers, analysts, and investors to assess the health and direction of the U.S. economy.
Methodology
The data is calculated based on the Bureau of Economic Analysis' quarterly real GDP estimates.
Historical Context
This growth rate trend is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Key Facts
- Quarterly GDP growth rate measures the pace of economic activity.
- Positive growth indicates an expanding economy, while negative growth signals a recession.
- The Federal Reserve closely tracks this metric to guide monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the quarter-over-quarter percentage change in real GDP, providing insights into the pace of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a critical metric used by policymakers, economists, and investors to assess the overall health and direction of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated based on the Bureau of Economic Analysis' quarterly real GDP estimates.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions closely monitor this growth rate trend to inform economic policy decisions, such as setting interest rates.
Q: Are there update delays or limitations?
A: The GDP growth rate data is released quarterly, with a slight delay, and may be 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 (ULQBBU04CAQ657S), retrieved from FRED.