Growth Rate Same Period Previous Year, Quarterly
PIEAMP02O1Q659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.60
Year-over-Year Change
200.00%
Date Range
1/1/1983 - 7/1/2017
Summary
The Growth Rate Same Period Previous Year, Quarterly trend measures the percent change in a given economic indicator compared to the same quarter in the previous year. This metric is important for economists and policymakers to assess the pace of economic growth and monitor potential inflationary pressures.
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 quarterly growth rate metric compares a specific economic indicator, such as GDP or consumer spending, to its level in the same quarter of the prior year. It provides a more stable assessment of economic performance by controlling for seasonal factors and longer-term trends.
Methodology
The data is calculated by the U.S. Federal Reserve based on the underlying economic indicator's published quarterly figures.
Historical Context
Policymakers and analysts use this growth rate to evaluate the health of the broader economy and inform monetary and fiscal policy decisions.
Key Facts
- Measures year-over-year percent change in economic indicators
- Provides a more stable view of growth trends
- Used by policymakers to assess the pace of economic expansion
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Same Period Previous Year, Quarterly measures the percent change in a given economic indicator compared to the same quarter in the previous year.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for economists and policymakers to assess the pace of economic growth and monitor potential inflationary pressures.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on the underlying economic indicator's published quarterly figures.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this growth rate to evaluate the health of the broader economy and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly, with potential delays due to the release schedule of the underlying economic indicators.
Related Trends
International Merchandise Trade Statistics: Exports: Commodities for OECD
OECDXTEXVA01CXMLSAM
Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for OECD
OECDLRHUTTMASTSAM
Infra-Annual Labor Statistics: Employment Rate Female: From 25 to 54 Years for OECD
OECDLREM25FESTQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 24 Years for OECD
OECDLFIN24FESTQ
Production: Industry: Total
OECDPRINTO01GYSAM
National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for OECD
OECDNAEXKP07IXOBSAQ
Citation
U.S. Federal Reserve, Growth Rate Same Period Previous Year, Quarterly (PIEAMP02O1Q659N), retrieved from FRED.