Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for Slovak Republic
Growth rate previous period, Quarterly, Not Seasonally Adjusted
LFEM24TTSKQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.87
Year-over-Year Change
-135.39%
Date Range
4/1/1999 - 7/1/2023
Summary
This economic trend measures the quarterly, non-seasonally adjusted growth rate of the previous period, providing insights into the pace 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 metric tracks the quarter-over-quarter change in economic indicators, offering a timely snapshot of the economy's directional momentum. It is a key signal used by economists and policymakers to evaluate the strength and trajectory of the business cycle.
Methodology
The data is calculated from underlying economic time series by the U.S. Federal Reserve.
Historical Context
This trend is closely monitored by analysts to anticipate shifts in monetary and fiscal policy.
Key Facts
- Measures quarter-over-quarter change in economic variables.
- Provides a leading indicator of the business cycle.
- Closely tracked by economists and policymakers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, non-seasonally adjusted growth rate of the previous period, offering insights into the pace of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: The growth rate previous period is a key signal used by economists and policymakers to evaluate the strength and trajectory of the business cycle, helping anticipate shifts in monetary and fiscal policy.
Q: How is this data collected or calculated?
A: The data is calculated from underlying economic time series by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by analysts to anticipate shifts in monetary and fiscal policy, as it provides a timely snapshot of the economy's directional momentum.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with minimal delays, providing a reliable and up-to-date indicator of economic conditions.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Not Seasonally Adjusted (LFEM24TTSKQ657N), retrieved from FRED.