Growth Rate Previous Period, Quarterly, Seasonally Adjusted
ULQBBU06CAQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.64
Year-over-Year Change
1043.03%
Date Range
1/1/1983 - 7/1/2011
Summary
This economic trend measures the quarterly growth rate of real GDP in the United States, adjusted for seasonal variations. It provides critical insights into the overall 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 is a key metric used by economists and policymakers to track the health and momentum of the U.S. economy. It represents the percent change in real GDP from the previous quarter, after accounting for normal seasonal patterns.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on their comprehensive surveys of economic activity.
Historical Context
This GDP growth rate trend is widely referenced by analysts, investors, and government institutions to assess the trajectory of the broader economy.
Key Facts
- GDP grew 2.4% in Q4 2022.
- Quarterly GDP growth averaged 2.1% in 2022.
- The economy contracted in the first half of 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter percent change in real GDP in the United States, adjusted for normal seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a crucial indicator of overall economic health and performance, closely watched by policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on their comprehensive surveys of economic activity.
Q: How is this trend used in economic policy?
A: Trends in GDP growth are closely monitored by the Federal Reserve and other government institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The GDP growth rate data is released quarterly by the Bureau of Economic Analysis, with a lag of approximately one month after the end of each quarter.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (ULQBBU06CAQ657S), retrieved from FRED.