Production: Construction: Total for Euro Area (19 Countries)
Growth rate previous period, Quarterly, Seasonally Adjusted
PRCNTO01EZQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.44
Year-over-Year Change
-102.84%
Date Range
4/1/1985 - 7/1/2023
Summary
This quarterly, seasonally adjusted economic indicator measures the growth rate from the previous period. It provides insight into the pace of economic activity and helps policymakers assess the overall health 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
The growth rate previous period metric tracks the quarter-over-quarter change in an economic variable, adjusting for seasonal fluctuations. It is a key measure used by economists and analysts to gauge the direction and momentum of the U.S. economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve from various economic sources.
Historical Context
This growth rate trend is closely watched by policymakers, investors, and businesses to inform decisions and forecast future economic conditions.
Key Facts
- The growth rate metric is reported quarterly.
- Seasonal adjustments account for regular cyclical patterns.
- This indicator provides insight into the pace of economic expansion or contraction.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the quarter-over-quarter growth rate of an economic variable, adjusting for seasonal fluctuations.
Q: Why is this trend relevant for users or analysts?
A: The growth rate trend is a key metric used by economists, policymakers, and investors to assess the momentum and direction of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve from various economic sources.
Q: How is this trend used in economic policy?
A: This growth rate trend is closely watched by policymakers to inform decisions and forecast future economic conditions.
Q: Are there update delays or limitations?
A: The data is reported quarterly with no significant update delays.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (PRCNTO01EZQ657S), retrieved from FRED.