Growth Rate Previous Period, Quarterly, Seasonally Adjusted
BPCRSE01CZQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-4.36
Year-over-Year Change
-162.95%
Date Range
4/1/1993 - 4/1/2014
Summary
The Growth Rate Previous Period, Quarterly, Seasonally Adjusted trend measures the quarter-over-quarter percent change in gross domestic product (GDP), providing insight into the pace of economic expansion or contraction.
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 indicator offers a timely, seasonally adjusted perspective on the trajectory of the overall U.S. economy. Economists and policymakers closely monitor this metric to assess the health and momentum of economic growth.
Methodology
The data is calculated based on the change in real GDP between consecutive quarters, adjusted for seasonal variations.
Historical Context
This growth rate figure helps inform monetary and fiscal policy decisions aimed at promoting stable, sustainable economic expansion.
Key Facts
- GDP growth rate averaged 2.3% over the past decade.
- Negative growth rates signal economic recessions.
- This indicator is released quarterly by the U.S. Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Quarterly, Seasonally Adjusted trend measures the quarter-over-quarter percent change in real gross domestic product (GDP), the broadest indicator of overall U.S. economic activity.
Q: Why is this trend relevant for users or analysts?
A: This timely metric offers insight into the pace and direction of economic expansion or contraction, which is crucial information for policymakers, businesses, and investors making decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on changes in real GDP between consecutive quarters, with adjustments made for seasonal variations.
Q: How is this trend used in economic policy?
A: Policymakers at the Federal Reserve and in Congress closely monitor this growth rate figure to inform monetary and fiscal policy decisions aimed at promoting stable, sustainable economic expansion.
Q: Are there update delays or limitations?
A: This indicator is released quarterly, approximately one month after the end of each calendar quarter, providing a timely snapshot of economic conditions.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (BPCRSE01CZQ657S), retrieved from FRED.