Growth Rate Same Period Previous Year, Annual, Not Seasonally Adjusted
BPCRSE01ATA659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.67
Year-over-Year Change
90.94%
Date Range
1/1/1993 - 1/1/2013
Summary
This economic trend measures the year-over-year growth rate of an economic indicator, providing insights into the pace of economic change.
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 indicator tracks the annual percent change in an economic variable compared to the same period the previous year. This allows analysts to identify trends and evaluate the strength of economic expansion or contraction.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying economic time series.
Historical Context
Policymakers and market participants closely monitor this metric to gauge the health and trajectory of the U.S. economy.
Key Facts
- The data is reported on an annual basis.
- Growth rates can be positive or negative, indicating economic expansion or contraction.
- This metric is widely used by economists and policymakers to assess the business cycle.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of an economic indicator, providing insights into the pace of economic change.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for evaluating the strength and direction of economic expansion or contraction, informing policymaking and investment decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on underlying economic time series.
Q: How is this trend used in economic policy?
A: Policymakers and market participants closely monitor this metric to gauge the health and trajectory of the U.S. economy, informing policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The data is reported on an annual basis, so there may be lags in the availability of the most recent information.
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Citation
U.S. Federal Reserve, Growth Rate Same Period Previous Year, Annual, Not Seasonally Adjusted (BPCRSE01ATA659S), retrieved from FRED.