Growth Rate Previous Period, Quarterly, Seasonally Adjusted
ULQBBU07PTQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.95
Year-over-Year Change
-352.73%
Date Range
4/1/2000 - 1/1/2011
Summary
This economic indicator tracks the quarter-over-quarter growth rate of a key measure of business productivity and output, providing insights into the overall health and momentum of the U.S. 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, Quarterly, Seasonally Adjusted series measures the percentage change in a specific productivity metric compared to the prior quarter, after adjusting for seasonal variations. This data point is widely used by economists and policymakers to gauge economic growth trends and inform decision-making.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying productivity measures.
Historical Context
This growth rate figure is closely monitored by markets, analysts, and government agencies to assess the trajectory of the U.S. economy.
Key Facts
- The growth rate is reported on a quarterly basis.
- Seasonal adjustments help isolate underlying economic trends.
- This metric is a key input for GDP and other major economic indicators.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarter-over-quarter percentage change in a key measure of business productivity and output in the United States.
Q: Why is this trend relevant for users or analysts?
A: The growth rate in this productivity metric is a vital signal of the overall health and momentum of the U.S. economy, making it closely watched by economists, policymakers, 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 productivity measures.
Q: How is this trend used in economic policy?
A: This growth rate figure is a key input for GDP and other major economic indicators, informing policy decisions by the Federal Reserve, Congress, and other government agencies.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis with a slight delay to allow for seasonal adjustments and quality control.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (ULQBBU07PTQ657S), retrieved from FRED.