Growth Rate Previous Period, Annual, Not Seasonally Adjusted
NAEXKP03O1A657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.84
Year-over-Year Change
1.66%
Date Range
1/1/1962 - 1/1/2016
Summary
The 'Growth Rate Previous Period, Annual, Not Seasonally Adjusted' measures the year-over-year change in an economic indicator, providing insights into broader economic trends.
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 metric tracks the annual growth rate of a specific economic variable, offering a longer-term perspective on performance compared to the previous year. It is a widely used indicator for analyzing macroeconomic conditions and informing policy decisions.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using established statistical methods.
Historical Context
Policymakers and analysts closely monitor this growth rate to assess the overall health and trajectory of the U.S. economy.
Key Facts
- The growth rate is calculated on an annual basis.
- It is a non-seasonally adjusted metric.
- The data is released by the U.S. Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year change in an economic indicator, providing insights into broader economic growth and performance.
Q: Why is this trend relevant for users or analysts?
A: This growth rate is a widely followed indicator that helps policymakers and analysts assess the overall health and trajectory of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using established statistical methods.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this growth rate to inform their assessment of macroeconomic conditions and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule by the U.S. Bureau of Economic Analysis, with potential delays or limitations typical of official government statistics.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (NAEXKP03O1A657S), retrieved from FRED.