Growth Rate Same Period Previous Year, Quarterly, Seasonally Adjusted
BPCRSE01IEQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.33
Year-over-Year Change
-35.78%
Date Range
1/1/1991 - 1/1/2014
Summary
This economic trend measures the year-over-year growth rate of a specified economic indicator on a quarterly, seasonally adjusted basis. It provides insight into the pace of economic change over time.
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 metric compares the current quarter's value of an indicator to the same quarter in the prior year. This allows analysts to isolate seasonal patterns and identify underlying trends in the data.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using standard statistical methods.
Historical Context
Policymakers and economists closely monitor this indicator to assess the broader trajectory of the U.S. economy.
Key Facts
- The growth rate is expressed as a percentage change.
- This metric adjusts for seasonal patterns in the data.
- It provides a longer-term perspective on economic trends.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the year-over-year growth rate of a specified economic metric on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the underlying pace of economic change, helping analysts and policymakers assess the broader trajectory of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using standard statistical methods.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this indicator to evaluate the state of the economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical lag of several weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Growth Rate Same Period Previous Year, Quarterly, Seasonally Adjusted (BPCRSE01IEQ659S), retrieved from FRED.