Growth Rate Previous Period, Trend, Quarterly, Not Seasonally Adjusted
ULQBBU01EEQ658N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.48
Year-over-Year Change
-140.23%
Date Range
4/1/1995 - 1/1/2011
Summary
This economic trend measures the quarter-over-quarter growth rate of the U.S. Bureau of Labor Statistics' Quarterly Index of Multifactor Productivity. It provides insights into productivity and efficiency changes in the 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 in multifactor productivity is a key indicator of improvements in the productivity and efficiency of the U.S. economy. Economists and policymakers closely monitor this trend to assess the long-term health and competitiveness of the nation's economic output.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on inputs and outputs of the production process.
Historical Context
This productivity growth metric informs economic policy decisions and market analysis.
Key Facts
- The U.S. has seen productivity growth average 1.4% annually since 1947.
- Multifactor productivity accounts for both labor and capital inputs.
- Improving productivity is key to long-term economic expansion.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter growth rate of the U.S. Bureau of Labor Statistics' Quarterly Index of Multifactor Productivity.
Q: Why is this trend relevant for users or analysts?
A: Productivity growth is a critical driver of economic expansion, competitiveness, and living standards, making this metric highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on inputs and outputs of the production process.
Q: How is this trend used in economic policy?
A: This productivity growth metric informs economic policy decisions and market analysis, as it provides insights into the long-term health and competitiveness of the nation's economic output.
Q: Are there update delays or limitations?
A: The data is released quarterly by the U.S. Bureau of Labor Statistics, with some potential for publication lags.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Trend, Quarterly, Not Seasonally Adjusted (ULQBBU01EEQ658N), retrieved from FRED.