Growth Rate Same Period Previous Year, Annual, Not Seasonally Adjusted
NAEXKP07O1A659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.14
Year-over-Year Change
-66.95%
Date Range
1/1/1962 - 1/1/2016
Summary
This annual, not seasonally adjusted economic indicator measures the growth rate of a variable compared to the same period in the previous year. It provides insights into the year-over-year performance of key economic metrics.
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 Same Period Previous Year measures the annual percent change of a variable from one year to the next. This allows analysts to identify long-term trends and evaluate the pace of economic expansion or contraction over time.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using established statistical methods.
Historical Context
Policymakers and economists closely monitor this metric to gauge the health and direction of the broader economy.
Key Facts
- This indicator is reported on an annual basis.
- The data is not seasonally adjusted.
- The metric can signal economic expansion or contraction.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the annual percent change of a variable compared to the same period in the previous year. It provides insights into year-over-year economic performance.
Q: Why is this trend relevant for users or analysts?
A: This metric allows analysts to identify long-term economic trends and evaluate the pace of expansion or contraction over time, which is crucial for policymaking and investment decisions.
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 metric to gauge the health and direction of the broader economy, which informs their decision-making and policy actions.
Q: Are there update delays or limitations?
A: The data is reported on an annual basis, which may result in lags compared to more frequently updated economic indicators.
Related Trends
Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for OECD
OECDLRHUTTTTSTSAQ
Composite Leading Indicators: Composite Consumer Confidence Amplitude Adjusted for OECD
OECDCSCICP03IXNSAM
Infra-Annual Labor Statistics: Unemployment Female: From 15 to 64 Years for OECD
OECDLFUN64FESTQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 15 to 24 Years for OECD
OECDLFIN24TTSTQ
Balance of Payments: Primary Income: Expenditure for OECD
OECDB6DBPI01CXCUQ
Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 24 Years for OECD
OECDLRIN24TTSTQ
Citation
U.S. Federal Reserve, Growth Rate Same Period Previous Year, Annual, Not Seasonally Adjusted (NAEXKP07O1A659S), retrieved from FRED.