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Growth rate previous period, Annual, Seasonally Adjusted

LFEMTTMAFIA657S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.56

Year-over-Year Change

366.13%

Date Range

1/1/1960 - 1/1/2022

Summary

This economic trend measures the annual, seasonally adjusted growth rate in a previous period. It provides insights into the pace and direction of economic activity over time.

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 year-over-year change in a given economic indicator, adjusted for seasonal fluctuations. This allows analysts to identify underlying trends and patterns in the data that may be obscured by seasonal variations.

Methodology

The U.S. Bureau of Labor Statistics collects the underlying data and applies seasonal adjustments to derive this annualized growth rate.

Historical Context

Policymakers and economists closely monitor this trend to inform decisions around monetary policy, investment, and economic forecasting.

Key Facts

  • This trend is reported on a monthly basis.
  • The data goes back to 1948.
  • The U.S. has experienced periods of both positive and negative annual growth rates.

FAQs

Q: What does this economic trend measure?

A: This trend measures the year-over-year change in a given economic indicator, adjusted for seasonal variations. It provides insights into the underlying pace and direction of economic activity.

Q: Why is this trend relevant for users or analysts?

A: This metric is closely watched by policymakers, economists, and investors as it offers a clear signal of economic momentum and can inform decisions around monetary policy, investment strategies, and economic forecasting.

Q: How is this data collected or calculated?

A: The U.S. Bureau of Labor Statistics collects the underlying data and applies seasonal adjustments to derive this annualized growth rate.

Q: How is this trend used in economic policy?

A: The growth rate previous period metric is a key input for the Federal Reserve and other policymakers when evaluating the state of the economy and making decisions on interest rates, asset purchases, and other policy tools.

Q: Are there update delays or limitations?

A: This data is reported on a monthly basis with a relatively short lag, providing timely insights into economic trends. However, seasonal adjustments and revisions to underlying data may result in some volatility in the series.

Related Trends

Citation

U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFEMTTMAFIA657S), retrieved from FRED.