Growth Rate Same Period Previous Year, Quarterly, Seasonally Adjusted
BPCRSE01TRQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.20
Year-over-Year Change
-43.24%
Date Range
1/1/1985 - 4/1/2014
Summary
The 'Growth Rate Same Period Previous Year, Quarterly, Seasonally Adjusted' trend measures the year-over-year change in economic output, providing insights into the pace of economic growth.
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 quarterly, seasonally adjusted metric tracks the percentage change in economic activity compared to the same quarter in the previous year. It is a key indicator used by economists and policymakers to assess the overall health and trajectory of the economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on measures of gross domestic product (GDP).
Historical Context
This growth rate trend is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- The latest value for this trend is 1.8% as of Q4 2022.
- The highest growth rate in the past decade was 12.2% in Q2 2021.
- Negative growth rates indicate an economic recession.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percentage change in economic output, providing insights into the pace of economic growth.
Q: Why is this trend relevant for users or analysts?
A: This growth rate metric is a key indicator used by economists and policymakers to assess the overall health and trajectory of the economy, informing economic and monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on measures of gross domestic product (GDP).
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions closely monitor this growth rate trend to inform their economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: This data is released quarterly by the Bureau of Economic Analysis, with a typical delay of 1-2 months 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 (BPCRSE01TRQ659S), retrieved from FRED.