Growth Rate Previous Period, Trend, Annual, Not Seasonally Adjusted
ULQBBU02EEA658N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-13.91
Year-over-Year Change
-533.91%
Date Range
1/1/1996 - 1/1/2010
Summary
This economic trend measures the annual growth rate of the Trend component of a selected economic indicator, not adjusted for seasonal variations. It provides insights into the underlying, long-term direction of the indicator.
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 year-over-year change in the trend-cycle component of an economic time series. This allows analysts to identify persistent patterns and long-term momentum, separate from short-term volatility or seasonal effects.
Methodology
The data is calculated from the original time series by applying a statistical filter to extract the trend-cycle component.
Historical Context
This metric is used by economists and policymakers to understand the broader trajectory of economic conditions.
Key Facts
- The data is reported on an annual basis.
- The trend component isolates the underlying, long-term direction of the economic indicator.
- Not seasonally adjusted data reflects the true year-over-year change, without adjustments for seasonal patterns.
FAQs
Q: What does this economic trend measure?
A: This metric measures the annual growth rate of the trend-cycle component of an economic indicator, which reflects the underlying long-term direction of the data without seasonal or short-term fluctuations.
Q: Why is this trend relevant for users or analysts?
A: Analyzing the trend-cycle growth rate provides insights into persistent economic patterns and momentum, which is useful for policymakers, investors, and other stakeholders in interpreting economic conditions.
Q: How is this data collected or calculated?
A: The data is calculated by applying a statistical filter to the original time series in order to extract the trend-cycle component.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to understand the broader, underlying trajectory of economic conditions when making decisions about monetary, fiscal, or other policies.
Q: Are there update delays or limitations?
A: There may be a lag in data availability due to the time required to calculate the trend-cycle component. Additionally, revisions to the original data series can impact the trend metric over time.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Trend, Annual, Not Seasonally Adjusted (ULQBBU02EEA658N), retrieved from FRED.