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Growth rate previous period, Quarterly, Seasonally Adjusted

LFACTTTTJPQ657S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.13

Year-over-Year Change

-68.12%

Date Range

1/1/1960 - 7/1/2023

Summary

This economic indicator measures the quarterly, seasonally adjusted growth rate compared to the previous period. It provides insight into the pace and direction of 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

The growth rate previous period, quarterly, seasonally adjusted metric tracks the rate of change in a key economic variable on a quarter-over-quarter basis. Economists and policymakers closely monitor this trend to assess the health and trajectory of the overall economy.

Methodology

The data is calculated based on official government statistical releases.

Historical Context

This growth rate figure informs economic and policy decision-making.

Key Facts

  • The growth rate is expressed as a percentage change.
  • This metric is released on a quarterly basis.
  • Seasonal adjustments account for regular, predictable variations.

FAQs

Q: What does this economic trend measure?

A: This indicator measures the quarterly, seasonally adjusted growth rate compared to the previous period. It provides insight into the pace and direction of economic expansion or contraction.

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

A: This growth rate figure is a key macroeconomic indicator that informs economic and policy decision-making by providing a timely measure of the economy's trajectory.

Q: How is this data collected or calculated?

A: The data is calculated based on official government statistical releases.

Q: How is this trend used in economic policy?

A: This growth rate figure is closely monitored by economists and policymakers to assess the health and direction of the overall economy, which informs economic and policy decisions.

Q: Are there update delays or limitations?

A: The data is released on a quarterly basis, with a short delay to allow for data collection and seasonal adjustments.

Related Trends

Citation

U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (LFACTTTTJPQ657S), retrieved from FRED.