Growth Rate Previous Period, Annual, Not Seasonally Adjusted
BPDBSE01TRA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.47
Year-over-Year Change
-157.92%
Date Range
1/1/1985 - 1/1/2013
Summary
The 'Growth Rate Previous Period, Annual, Not Seasonally Adjusted' metric measures the year-over-year change in economic output. It provides insight into the pace of national 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 annual growth rate captures the change in total economic activity compared to the prior year. It is a key indicator used by economists and policymakers to assess the overall health and trajectory of the national economy.
Methodology
The data is calculated based on gross domestic product (GDP) figures reported by the U.S. Bureau of Economic Analysis.
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 metric is reported on an annual basis.
- Growth rates can be positive or negative.
- The data is not seasonally adjusted.
FAQs
Q: What does this economic trend measure?
A: This metric measures the year-over-year change in gross domestic product (GDP), providing insight into the pace of national economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a key indicator used by economists, policymakers, and market participants to assess the overall health and trajectory of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated based on GDP figures reported by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: The GDP growth rate is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on an annual basis and is not seasonally adjusted.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (BPDBSE01TRA657S), retrieved from FRED.