Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for Estonia
Growth rate previous period, Quarterly, Not Seasonally Adjusted
LFEM24TTEEQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.77
Year-over-Year Change
-172.64%
Date Range
4/1/2000 - 7/1/2023
Summary
This economic trend measures the quarterly, not seasonally adjusted growth rate from the previous period. It provides insights into the pace of economic activity and is a key indicator for policymakers and analysts.
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 metric tracks the quarter-over-quarter change in a selected economic variable, providing a snapshot of the underlying rate of expansion or contraction. This indicator is widely used to assess the strength and trajectory of the economy.
Methodology
The data is calculated based on changes in the original economic series between consecutive quarters.
Historical Context
This trend is closely monitored by the Federal Reserve and other policymakers to inform monetary and fiscal policy decisions.
Key Facts
- The data is reported on a quarterly basis.
- It is not seasonally adjusted, reflecting raw changes over time.
- The growth rate can be positive or negative, indicating expansion or contraction.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter growth rate of a selected economic variable, providing insights into the pace of economic activity.
Q: Why is this trend relevant for users or analysts?
A: The growth rate previous period is a key indicator used by policymakers, economists, and investors to assess the strength and trajectory of the economy.
Q: How is this data collected or calculated?
A: The data is calculated based on changes in the original economic series between consecutive quarters.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Federal Reserve and other policymakers to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with no seasonal adjustments, providing a raw representation of economic changes over time.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Not Seasonally Adjusted (LFEM24TTEEQ657N), retrieved from FRED.