Growth Rate Previous Period, Trend, Annual, Not Seasonally Adjusted
ULQBBU01G7A658N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.39
Year-over-Year Change
-67.55%
Date Range
1/1/1971 - 1/1/2010
Summary
This economic trend measures the year-over-year growth rate in real gross domestic product (GDP), a key indicator of overall economic performance. It provides insight into the pace and trajectory 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, Trend, Annual, Not Seasonally Adjusted metric tracks the percentage change in real GDP compared to the prior year. It offers a smoothed, long-term view of economic growth patterns without the influences of seasonal fluctuations.
Methodology
The data is calculated based on official GDP figures reported by the U.S. Bureau of Economic Analysis.
Historical Context
This trend is closely monitored by policymakers, investors, and analysts to gauge the health and direction of the broader economy.
Key Facts
- The latest annual growth rate is XX.X%.
- GDP growth has averaged YY.Y% over the past decade.
- This metric reached its highest level of ZZ.Z% in [year].
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percentage change in real gross domestic product (GDP), a comprehensive indicator of overall economic activity in the United States.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a crucial barometer of a country's economic health and performance. Monitoring this trend helps policymakers, investors, and analysts assess the pace and trajectory of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated based on official GDP figures reported quarterly by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers at the Federal Reserve and other institutions closely follow GDP growth rates to inform monetary and fiscal policy decisions aimed at promoting economic stability and prosperity.
Q: Are there update delays or limitations?
A: This metric is published on a quarterly basis, with a delay of approximately one month after the end of each quarter to allow for data collection and processing.
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Balance of Payments: Secondary Income: Expenditure for G7
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Trend, Annual, Not Seasonally Adjusted (ULQBBU01G7A658N), retrieved from FRED.