Growth Rate Previous Period, Annual, Not Seasonally Adjusted
ULQBBU08LUA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.60
Year-over-Year Change
-174.74%
Date Range
1/1/1996 - 1/1/2010
Summary
The Growth Rate Previous Period, Annual, Not Seasonally Adjusted metric measures the year-over-year change in economic activity or output. This provides insight into the momentum and trajectory of the overall 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
This annualized growth rate compares the current period's value to the prior year's period, without adjusting for seasonal factors. It is a widely used indicator of economic performance and can help identify emerging trends or turning points in the business cycle.
Methodology
The data is calculated based on underlying economic indicators reported by government statistical agencies.
Historical Context
Policymakers and analysts monitor this growth rate to gauge the overall health of the economy and inform decisions around fiscal and monetary policy.
Key Facts
- The growth rate is calculated as a year-over-year percentage change.
- Positive values indicate economic expansion, while negative values signal contraction.
- This metric is a key input for monitoring and forecasting GDP and other macroeconomic trends.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Annual, Not Seasonally Adjusted metric measures the year-over-year change in economic activity or output, providing insight into the momentum and trajectory of the overall economy.
Q: Why is this trend relevant for users or analysts?
A: This annualized growth rate is a widely used indicator of economic performance, helping to identify emerging trends or turning points in the business cycle. It is closely monitored by policymakers and analysts to gauge the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is calculated based on underlying economic indicators reported by government statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this growth rate to inform decisions around fiscal and monetary policy, as it provides insight into the overall health and trajectory of the economy.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and revisions of the underlying economic indicators used in its calculation.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (ULQBBU08LUA657S), retrieved from FRED.