Growth Rate Previous Period, Quarterly
CPGRLE01G7Q657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.30
Year-over-Year Change
50.00%
Date Range
4/1/1970 - 7/1/2017
Summary
The growth rate previous period, quarterly metric measures the quarter-over-quarter change in the Conference Board's Leading Economic Index, a key indicator of the overall economic outlook.
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 growth rate trend provides insight into the pace of economic expansion or contraction, allowing analysts to identify turning points in the business cycle and inform economic policy decisions.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on changes in the Leading Economic Index.
Historical Context
Policymakers and investors closely monitor this metric to assess the trajectory of the economy and make informed decisions.
Key Facts
- The Leading Economic Index is a composite of 10 economic indicators.
- Quarterly growth rates help identify changes in the pace of economic expansion or contraction.
- Positive growth rates indicate an accelerating economy, while negative rates signal a potential recession.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, quarterly metric measures the quarter-over-quarter change in the Conference Board's Leading Economic Index, a key indicator of the overall economic outlook.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the pace of economic expansion or contraction, allowing analysts to identify turning points in the business cycle and inform economic 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 changes in the Leading Economic Index.
Q: How is this trend used in economic policy?
A: Policymakers and investors closely monitor this metric to assess the trajectory of the economy and make informed decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short delay to allow for compilation and analysis.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly (CPGRLE01G7Q657N), retrieved from FRED.