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Growth rate previous period, Annual, Seasonally Adjusted

LFACTTFERUA657S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.42

Year-over-Year Change

72.48%

Date Range

1/1/1993 - 1/1/2021

Summary

The annual growth rate of the previous period measures the year-over-year change in economic variables, providing insights into broader trends and the pace of economic activity.

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 indicator tracks the annualized percentage change from the prior period, a commonly used metric to analyze economic performance and project future growth. It is a valuable tool for policymakers, analysts, and businesses to monitor the direction and momentum of the economy.

Methodology

The data is calculated based on official government statistics and surveys.

Historical Context

This metric informs decisions around fiscal, monetary, and industry policies.

Key Facts

  • The growth rate can signal economic expansion or contraction.
  • Annual growth rates smooth out short-term volatility.
  • Policymakers closely monitor this metric to guide their decisions.

FAQs

Q: What does this economic trend measure?

A: This trend measures the year-over-year percentage change in a given economic variable, providing insights into the pace and direction of economic activity.

Q: Why is this trend relevant for users or analysts?

A: This metric is widely used by policymakers, economists, and businesses to assess economic performance, inform forecasting, and guide policy decisions.

Q: How is this data collected or calculated?

A: The data is calculated based on official government statistics and surveys.

Q: How is this trend used in economic policy?

A: This metric informs decisions around fiscal, monetary, and industry policies, as it provides a clear picture of the economy's growth trajectory.

Q: Are there update delays or limitations?

A: The data is subject to the timeliness and reliability of the underlying government statistics.

Related Trends

Citation

U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFACTTFERUA657S), retrieved from FRED.