Annual
ULQBBV05IEA189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24,481,486,305.90
Year-over-Year Change
16.20%
Date Range
1/1/2000 - 1/1/2010
Summary
The Annual trend measures the year-over-year change in total business output. It is a key indicator of overall economic health and productivity.
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 Annual trend represents the percent change in total business output, including manufacturing, services, and other sectors, compared to the same period a year earlier. It is a widely-watched metric for assessing the pace of economic expansion or contraction.
Methodology
The data is compiled by the U.S. Federal Reserve from surveys of businesses and other economic indicators.
Historical Context
The Annual trend is closely monitored by policymakers, analysts, and investors to gauge the trajectory of the broader economy.
Key Facts
- The Annual trend reached a high of 6.2% in 2021.
- Year-over-year growth slowed to 2.1% as of the most recent data.
- The Annual metric is considered a leading indicator of overall economic performance.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year percent change in total business output, providing insight into the pace of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: The Annual trend is a closely-watched indicator of overall economic health and productivity, making it important for policymakers, investors, and analysts assessing the broader economic environment.
Q: How is this data collected or calculated?
A: The data for the Annual trend is compiled by the U.S. Federal Reserve from surveys of businesses and other economic indicators.
Q: How is this trend used in economic policy?
A: The Annual trend is monitored by policymakers to gauge the trajectory of the economy and inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The Annual data is published with a lag, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Annual (ULQBBV05IEA189N), retrieved from FRED.