Percent Change from Preceding Period
This dataset tracks percent change from preceding period over time.
Latest Value
-3.50
Year-over-Year Change
45.83%
Date Range
2/1/1992 - 6/1/2025
Summary
The 'Percent Change from Preceding Period' trend measures the quarter-over-quarter change in real personal consumption expenditures, a key indicator of economic growth and consumer demand.
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
This measure tracks the rate of change in real consumer spending, which accounts for the majority of U.S. economic activity. Analyzing this metric helps economists and policymakers assess the health and trajectory of the economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on surveys of household consumption.
Historical Context
This trend is closely watched by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- Consumer spending accounts for over two-thirds of U.S. GDP.
- The 'Percent Change' trend reached a record low of -33.4% in Q2 2020 due to the COVID-19 pandemic.
- This metric is a component of the Bureau of Economic Analysis' calculation of real GDP.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Preceding Period' trend measures the quarter-over-quarter change in real personal consumption expenditures, a key indicator of economic growth and consumer demand.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers as it provides insight into the health and trajectory of the U.S. economy, helping to inform decisions around monetary and fiscal policy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on surveys of household consumption.
Q: How is this trend used in economic policy?
A: The 'Percent Change' trend is a key input for the Federal Reserve and other institutions when making decisions about interest rates, stimulus measures, and other policies aimed at promoting economic growth and stability.
Q: Are there update delays or limitations?
A: The data is typically released on a quarterly basis, with a delay of several weeks following the end of the reference period. There may be revisions to historical data as more complete information becomes available.
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Citation
U.S. Federal Reserve, Percent Change from Preceding Period (MPCSM72251XUSN), retrieved from FRED.