Growth Rate Previous Period, Annual, Not Seasonally Adjusted
SLRTCR03O1A657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.15
Year-over-Year Change
19.21%
Date Range
1/1/1974 - 1/1/2016
Summary
The Growth Rate Previous Period, Annual, Not Seasonally Adjusted trend measures the year-over-year change in a specific economic indicator. This metric is widely used by economists and policymakers to analyze economic performance and guide decision-making.
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 annual growth rate represents the percent change in a given economic variable compared to the same period in the previous year. It provides insights into the trajectory and momentum of the economy, helping analysts and policymakers assess economic conditions and trends.
Methodology
The data is calculated by the U.S. Federal Reserve based on various government and industry sources.
Historical Context
Policymakers and market participants closely monitor this growth rate to better understand the overall health and direction of the economy.
Key Facts
- The trend is reported on a yearly basis.
- It is not seasonally adjusted, reflecting the raw year-over-year change.
- Positive values indicate economic expansion, while negative values signal contraction.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in a specific economic indicator, providing insights into the momentum and trajectory of the economy.
Q: Why is this trend relevant for users or analysts?
A: This growth rate is a widely watched metric that helps economists and policymakers assess the overall health and direction of the economy, informing decision-making and policy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on various government and industry sources.
Q: How is this trend used in economic policy?
A: Policymakers and market participants closely monitor this growth rate to better understand the economy's performance and guide their decisions and policies accordingly.
Q: Are there update delays or limitations?
A: The annual growth rate data is released on a regular basis, but there may be some delays in reporting or limitations in the underlying data sources.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (SLRTCR03O1A657S), retrieved from FRED.