Growth Rate Same Period Previous Year, Trend, Quarterly, Not Seasonally Adjusted
ULQBBU08EUQ660N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.51
Year-over-Year Change
-84.45%
Date Range
1/1/1996 - 1/1/2011
Summary
This economic trend measures the year-over-year growth rate of the underlying series, providing insights into the pace of economic change over time.
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 Same Period Previous Year metric tracks the percent change in a data series compared to the same period in the prior year. This can help analysts and policymakers identify broad economic trends and turning points.
Methodology
The data is calculated directly from the underlying quarterly economic series.
Historical Context
This trend is widely used to monitor the trajectory of the U.S. economy and inform policy decisions.
Key Facts
- The data is published on a quarterly basis.
- This metric adjusts for seasonal factors to isolate underlying economic trends.
- Positive growth rates indicate an expanding economy, while negative values signal contraction.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the year-over-year percent change in a quarterly economic series, providing insights into the pace of economic growth or decline.
Q: Why is this trend relevant for users or analysts?
A: The Growth Rate Same Period Previous Year trend is a key indicator used by economists, policymakers, and market participants to analyze the trajectory of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated directly from the underlying quarterly economic series, adjusting for seasonal factors.
Q: How is this trend used in economic policy?
A: This metric helps inform monetary and fiscal policy decisions by providing a clear picture of the pace of economic change over time.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a typical release lag of several weeks following the end of the reference period.
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Citation
U.S. Federal Reserve, Growth Rate Same Period Previous Year, Trend, Quarterly, Not Seasonally Adjusted (ULQBBU08EUQ660N), retrieved from FRED.