Growth Rate Previous Period, Quarterly, Seasonally Adjusted
ULQBBU08G7Q657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.92
Year-over-Year Change
-11.09%
Date Range
4/1/1990 - 1/1/2011
Summary
This economic trend measures the quarter-over-quarter growth rate of U.S. GDP, adjusted for seasonal variations. It provides a key indicator of the overall health and momentum of the national 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 metric tracks the percent change in real GDP from one quarter to the next. It is a widely-watched barometer of economic performance used by policymakers, analysts, and investors to gauge the pace of economic expansion or contraction.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on their comprehensive GDP estimates.
Historical Context
This growth rate figure informs monetary and fiscal policy decisions by the Federal Reserve and Congress.
Key Facts
- GDP grew 2.9% in Q4 2022 over the prior quarter.
- The growth rate has averaged 2.3% annually since 1947.
- Negative growth rates signal economic recessions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter percent change in real U.S. GDP, adjusted for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a key barometer of overall economic health and momentum, informing policy decisions and investment strategies.
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 GDP estimates.
Q: How is this trend used in economic policy?
A: The GDP growth rate figure is closely monitored by the Federal Reserve and Congress to guide monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the BEA with a short lag, providing timely insights on the economy's performance.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (ULQBBU08G7Q657S), retrieved from FRED.