Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Ireland
Growth rate previous period, Quarterly, Seasonally Adjusted
LFEM64TTIEQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.48
Year-over-Year Change
-75.97%
Date Range
7/1/1999 - 7/1/2023
Summary
This economic trend measures the quarterly, seasonally adjusted growth rate from the previous period. It provides insights into the pace of economic expansion or contraction and is a key indicator used by 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 is a measure of the change in economic output over the prior quarter, adjusted for seasonal variations. It is a valuable indicator of the economy's performance and momentum, helping to inform policy decisions and market analysis.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying economic production and activity measures.
Historical Context
Economists and policymakers closely monitor this trend to assess the health and direction of the U.S. economy.
Key Facts
- The growth rate is measured quarter-over-quarter, not year-over-year.
- Positive values indicate economic expansion, negative values indicate contraction.
- This metric is a leading indicator of the broader economy's performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted growth rate from the previous period, providing 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 indicator used by policymakers and analysts to assess the health and direction of the U.S. economy, informing policy decisions and market analysis.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on underlying economic production and activity measures.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this trend to evaluate the economy's performance and momentum, using it to inform policy decisions that aim to promote sustainable growth.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Federal Reserve, with a slight delay to allow for comprehensive data collection and analysis.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (LFEM64TTIEQ657S), retrieved from FRED.