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Growth rate previous period, Quarterly, Seasonally Adjusted
LFEM64FEEEQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.59
Year-over-Year Change
-128.64%
Date Range
4/1/2000 - 7/1/2023
Summary
This quarterly, seasonally adjusted economic indicator measures the growth rate from the previous period. It provides insight into the pace of economic expansion or contraction, which is crucial 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 quarterly change in a selected economic variable, adjusted for seasonal factors. This high-frequency data point helps economists and investors monitor the trajectory of the economy in near real-time.
Methodology
The U.S. Bureau of Labor Statistics collects the underlying data and calculates the seasonally adjusted growth rate.
Historical Context
Policymakers and market participants closely follow this metric to gauge the strength and direction of the economy.
Key Facts
- The growth rate is expressed as a percentage change from the prior quarter.
- This metric is a leading indicator of broader economic performance.
- Sustained positive growth signals an expanding economy.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarterly percent change in a selected economic variable, adjusted for seasonal factors. It provides insight 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 closely watched metric that helps policymakers and market participants gauge the strength and direction of the economy in near real-time.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects the underlying data and calculates the seasonally adjusted growth rate.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor the trajectory of the economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a typical publication delay of several weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (LFEM64FEEEQ657S), retrieved from FRED.