Growth Rate Previous Period, Annual, Not Seasonally Adjusted
ULQBBU05LUA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.58
Year-over-Year Change
-113.39%
Date Range
1/1/1996 - 1/1/2010
Summary
The annual growth rate measures the change in a variable compared to the previous year. This metric is widely used by economists and policymakers to analyze economic trends and inform decision-making.
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 annual growth rate is a key economic indicator that compares a variable's value in the current period to the same period a year earlier. It provides insights into the pace and direction of economic activity, which is crucial for assessing the health of the economy and developing effective policies.
Methodology
This data is collected by the U.S. Federal Reserve through surveys and other statistical methods.
Historical Context
Policymakers and market analysts closely monitor growth rates to understand the broader economic climate and inform their decisions.
Key Facts
- The annual growth rate is a year-over-year comparison.
- Growth rates can be positive or negative, indicating expansion or contraction.
- Policymakers use growth rates to gauge the overall health of the economy.
FAQs
Q: What does this economic trend measure?
A: The annual growth rate measures the change in a variable compared to the same period a year earlier. It provides insights into the pace and direction of economic activity.
Q: Why is this trend relevant for users or analysts?
A: Growth rates are a crucial indicator of economic performance and are closely monitored by policymakers, businesses, and investors to inform their decisions.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve collects this data through surveys and other statistical methods.
Q: How is this trend used in economic policy?
A: Policymakers use growth rates to assess the overall health of the economy and develop appropriate policies to promote economic stability and growth.
Q: Are there update delays or limitations?
A: The annual growth rate data is typically published with a short delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (ULQBBU05LUA657S), retrieved from FRED.