Growth Rate Same Period Previous Year, Annual, Not Seasonally Adjusted
BPCRSE01O1A659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.16
Year-over-Year Change
59.54%
Date Range
1/1/1997 - 1/1/2002
Summary
This economic trend measures the annual growth rate of a variable compared to the same period in the previous year. It provides insights 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 a variable's current value to its value from the same period in the prior year. This helps analysts and policymakers understand the underlying trends and direction of the economy.
Methodology
The data is calculated based on the formula: [(Current Value - Prior Year Value) / Prior Year Value] * 100.
Historical Context
This trend is widely used to analyze economic performance and guide policy decisions.
Key Facts
- The data is reported on an annual basis.
- It is not seasonally adjusted.
- This metric helps identify underlying economic momentum.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual growth rate of a variable compared to the same period in the previous year. It provides insights into the pace of economic change over time.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists and policymakers to analyze economic performance and guide policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated based on the formula: [(Current Value - Prior Year Value) / Prior Year Value] * 100.
Q: How is this trend used in economic policy?
A: This trend is used to assess the underlying direction and momentum of the economy, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on an annual basis and is not seasonally adjusted, which should be considered when interpreting the results.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for OECD
OECDCP010000GYQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 25 to 54 Years for OECD
OECDLFIN25TTSTSAQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 24 Years for OECD
OECDLFIN24MASTQ
Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total
OECDCPGREN01GPQ
Infra-Annual Labor Statistics: Unemployment Total: From 25 to 54 Years for OECD
OECDLFUN25TTSTQ
Infra-Annual Labor Statistics: Employment Rate Total: From 55 to 64 Years for OECD
OECDLREM55TTSTSAQ
Citation
U.S. Federal Reserve, Growth Rate Same Period Previous Year, Annual, Not Seasonally Adjusted (BPCRSE01O1A659S), retrieved from FRED.