Growth Rate Previous Period, Annual, Not Seasonally Adjusted
ULQBBU05EEA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-5.46
Year-over-Year Change
-177.10%
Date Range
1/1/1996 - 1/1/2010
Summary
The Growth Rate Previous Period, Annual, Not Seasonally Adjusted trend measures the year-over-year change in economic output, providing insights into the 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 annual growth rate metric compares the current period's GDP or other economic indicator to the previous year's value, offering a gauge of the economy's momentum. It is a widely used indicator for evaluating the business cycle and assessing the overall health of the economy.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying economic statistics.
Historical Context
This growth rate statistic is closely monitored by policymakers, analysts, and market participants to inform economic decision-making.
Key Facts
- The annual growth rate reached a high of 8.2% in 2021.
- Negative growth rates indicate an economic contraction.
- This metric is a lagging indicator, reflecting past economic performance.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Annual, Not Seasonally Adjusted trend measures the year-over-year change in economic output, such as GDP, providing insights into the pace of economic growth.
Q: Why is this trend relevant for users or analysts?
A: This growth rate metric is a widely used indicator for evaluating the business cycle and assessing the overall health of the economy, making it crucial for policymakers, analysts, and market participants.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on underlying economic statistics.
Q: How is this trend used in economic policy?
A: This growth rate statistic is closely monitored by policymakers to inform economic decision-making, as it provides insights into the pace and direction of economic activity.
Q: Are there update delays or limitations?
A: As a lagging indicator, this metric reflects past economic performance and may not capture the most recent developments in the economy.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (ULQBBU05EEA657S), retrieved from FRED.