Growth Rate Previous Period, Quarterly, Seasonally Adjusted
ULQBBU04HUQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.79
Year-over-Year Change
-48.13%
Date Range
4/1/1995 - 1/1/2011
Summary
The 'Growth Rate Previous Period, Quarterly, Seasonally Adjusted' metric measures the quarter-over-quarter percentage change in a specified economic indicator, adjusted for seasonal variations. This data point provides insights into the direction and pace of economic growth.
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
This quarterly, seasonally adjusted growth rate series offers a timely and reliable indicator of recent changes in economic performance. Policymakers and analysts closely monitor these growth figures to assess the health and trajectory of the broader economy.
Methodology
The data is calculated based on changes between consecutive quarterly values of the underlying economic series, with seasonal adjustments applied.
Historical Context
Quarterly growth rates are widely used to inform monetary and fiscal policy decisions.
Key Facts
- Measured as a percentage change from the previous quarter.
- Helps identify economic expansions, contractions, and turning points.
- Provides a timely signal of the economy's momentum and direction.
FAQs
Q: What does this economic trend measure?
A: This metric measures the quarter-over-quarter percentage change in a specified economic indicator, with adjustments made to remove seasonal patterns.
Q: Why is this trend relevant for users or analysts?
A: Quarterly growth rates are a critical gauge of economic performance and are closely monitored by policymakers, businesses, and investors to assess the health and trajectory of the broader economy.
Q: How is this data collected or calculated?
A: The data is calculated based on changes between consecutive quarterly values of the underlying economic series, with seasonal adjustments applied.
Q: How is this trend used in economic policy?
A: Quarterly growth rates inform monetary and fiscal policy decisions, as policymakers use this data to assess the need for interventions to stimulate or cool the economy.
Q: Are there update delays or limitations?
A: This data is released on a quarterly basis, with a typical lag of several weeks after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (ULQBBU04HUQ657S), retrieved from FRED.