Growth Rate Previous Period, Trend, Annual, Not Seasonally Adjusted
ULQBBU04G7A658N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.69
Year-over-Year Change
-58.01%
Date Range
1/1/1971 - 1/1/2010
Summary
This economic trend measures the annual growth rate of the previous period, providing insights into the underlying momentum of the 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 Growth Rate Previous Period, Trend, Annual, Not Seasonally Adjusted metric tracks the year-over-year change in an economic indicator, offering a longer-term perspective on growth trends.
Methodology
The data is calculated based on the Federal Reserve's analysis of relevant economic statistics.
Historical Context
This trend is widely used by economists, policymakers, and market analysts to assess the strength and direction of the economy.
Key Facts
- The metric is not seasonally adjusted, reflecting raw year-over-year changes.
- It provides a longer-term perspective on economic momentum compared to quarter-over-quarter growth rates.
- Analysts use this trend to identify persistent patterns in economic expansion or contraction.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual growth rate of the previous period, offering insights into the underlying momentum of the economy.
Q: Why is this trend relevant for users or analysts?
A: The Growth Rate Previous Period trend is widely used by economists, policymakers, and market analysts to assess the strength and direction of the economy over the long term.
Q: How is this data collected or calculated?
A: The data is calculated based on the Federal Reserve's analysis of relevant economic statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to identify persistent patterns in economic expansion or contraction, which informs their decisions and forecasts.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule by the Federal Reserve, with any potential delays or limitations disclosed in their official publications.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Trend, Annual, Not Seasonally Adjusted (ULQBBU04G7A658N), retrieved from FRED.