Growth Rate Previous Period, Annual, Not Seasonally Adjusted
NAEXKP02G7A657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.25
Year-over-Year Change
-20.21%
Date Range
1/1/1962 - 1/1/2016
Summary
The 'Growth Rate Previous Period, Annual, Not Seasonally Adjusted' metric tracks the year-over-year change in economic output, providing insights into the overall health and momentum of the U.S. economy.
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 economic indicator measures the annual growth rate of a key economic variable, without adjusting for seasonal factors. It is widely used by economists, policymakers, and analysts to assess the direction and pace of economic expansion or contraction.
Methodology
The data is calculated from official government statistics on national economic accounts.
Historical Context
This trend is closely monitored for its implications on monetary and fiscal policy decisions.
Key Facts
- The metric is reported on a quarterly basis.
- Growth rates can be positive or negative, indicating economic expansion or contraction.
- The data is not seasonally adjusted, so quarterly variations are included.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the year-over-year change in the level of economic output, providing a gauge of the overall pace of economic growth or decline.
Q: Why is this trend relevant for users or analysts?
A: The annual growth rate is a key indicator of the economy's performance and trajectory, with important implications for policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is derived from official government statistics on national economic accounts.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this metric to assess the state of the economy and inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with a lag of several weeks after the end of each quarter.
Related Trends
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G7CPGREN01GYM
Balance of Payments: Current Account: Balance (Revenue Minus Expenditure) for G7
G7B6BLTT02STSAQ
Composite Leading Indicators: Composite Leading Indicator (CLI) Trend Restored for G7
G7LOLITOTRGYSAM
Consumer Price Index: OECD Groups: All items non-food non-energy: Total for G7
G7CPGRLE01GPM
Infra-Annual Labor Statistics: Labor Force Female: From 15 to 24 Years for G7
G7LFAC24FESTQ
Production: Construction: Total construction: Total for G7
G7PRCNTO01IXOBSAM
Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (NAEXKP02G7A657S), retrieved from FRED.