Growth Rate Previous Period, Quarterly, Seasonally Adjusted
ULQBBU01HUQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.13
Year-over-Year Change
-90.63%
Date Range
4/1/1995 - 1/1/2011
Summary
The Growth Rate Previous Period, Quarterly, Seasonally Adjusted measures the quarter-over-quarter percent change in U.S. real GDP. This key economic indicator provides insights into the pace and direction of economic growth.
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 data series tracks the seasonally adjusted percent change in real GDP from the previous quarter. It is a widely followed metric for evaluating the health and trajectory of the U.S. economy and is closely monitored by policymakers, analysts, and investors.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on their comprehensive GDP estimates.
Historical Context
The growth rate is a vital input for monetary and fiscal policy decisions made by the Federal Reserve and Congress.
Key Facts
- GDP growth averaged 2.3% annually from 2010-2019.
- The U.S. economy contracted by 3.4% in 2020 due to the COVID-19 pandemic.
- Quarterly GDP growth exceeded 6% in 2021 as the economy rebounded.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Quarterly, Seasonally Adjusted measures the quarter-over-quarter percent change in real U.S. Gross Domestic Product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides a timely gauge of the pace and direction of economic growth, which is a key input for policymakers, investors, and other economic stakeholders.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on their comprehensive GDP estimates.
Q: How is this trend used in economic policy?
A: The GDP growth rate is a vital input for monetary and fiscal policy decisions made by the Federal Reserve and Congress.
Q: Are there update delays or limitations?
A: The data is published quarterly with a delay of approximately one month after the end of the reference period.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (ULQBBU01HUQ657S), retrieved from FRED.