Persons, Seasonally Adjusted
Growth rate previous period, Quarterly, Not Seasonally Adjusted
LFEMTTTTEEQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.20
Year-over-Year Change
-114.63%
Date Range
4/1/1998 - 7/1/2023
Summary
This economic indicator measures the quarterly, not seasonally adjusted growth rate from the previous period. It provides insights into the pace of economic expansion or contraction 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 changes in economic output on a quarter-over-quarter basis. It is a key indicator used by economists and policymakers to assess the direction and momentum of the broader economy.
Methodology
The data is calculated based on official government statistics and surveys.
Historical Context
This trend is widely referenced in macroeconomic analysis and discussions of monetary and fiscal policy.
Key Facts
- The growth rate is expressed as a percentage change from the prior quarter.
- This indicator is not seasonally adjusted, reflecting raw economic activity.
- Positive growth rates signal economic expansion, while negative rates indicate contraction.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percentage change in economic output from the previous quarter on an unadjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The growth rate previous period is a crucial gauge of the economy's underlying momentum and direction, informing economic forecasts and policy decisions.
Q: How is this data collected or calculated?
A: The data is derived from official government statistics and surveys on economic activity.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this metric to assess the need for adjustments to monetary or fiscal policies in response to economic conditions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a brief lag, providing timely but not real-time information on economic performance.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Not Seasonally Adjusted (LFEMTTTTEEQ657N), retrieved from FRED.