Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Russia
Growth rate previous period, Annual, Not Seasonally Adjusted
LFACTTTTRUA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.59
Year-over-Year Change
-1029.79%
Date Range
1/1/1993 - 1/1/2021
Summary
The 'Growth rate previous period, Annual, Not Seasonally Adjusted' metric measures the year-over-year change in economic activity, providing insight into the momentum and direction of the U.S. economy.
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, non-seasonally adjusted growth rate metric tracks changes in a broad range of economic indicators, such as production, employment, and consumer spending. It is a key signal used by economists and policymakers to evaluate the overall health and trajectory of the national economy.
Methodology
The data is calculated based on the percentage change between the current year's value and the previous year's value.
Historical Context
This growth rate trend is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Key Facts
- The metric is reported on an annual basis.
- It is not seasonally adjusted, capturing raw year-over-year changes.
- The growth rate can signal acceleration, deceleration, or stagnation in the economy.
FAQs
Q: What does this economic trend measure?
A: This metric measures the year-over-year percentage change in a broad range of economic indicators, providing insight into the overall growth and direction of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: The annual growth rate is a key signal used by economists, policymakers, and market participants to evaluate the health and trajectory of the national economy, informing decisions and forecasts.
Q: How is this data collected or calculated?
A: The growth rate is calculated as the percentage change between the current year's value and the previous year's value.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions closely monitor this growth rate trend to inform monetary and fiscal policy decisions aimed at promoting economic stability and growth.
Q: Are there update delays or limitations?
A: This annual growth rate metric is published with a lag, as it requires comparing the current year's data to the previous year. There may also be revisions to historical data over time.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFACTTTTRUA657N), retrieved from FRED.