Growth Rate Previous Period, Quarterly, Seasonally Adjusted
ULQBBU02JPQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.64
Year-over-Year Change
-128.14%
Date Range
4/1/1980 - 7/1/2011
Summary
This economic indicator measures the quarter-over-quarter growth rate of real gross domestic product (GDP), adjusted for seasonal variations. It provides a timely snapshot of the overall health and momentum 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, quarterly, seasonally adjusted statistic tracks the pace of economic expansion or contraction from one quarter to the next. It is a key measure used by economists, policymakers, and analysts to assess the business cycle and inform economic decision-making.
Methodology
The U.S. Bureau of Economic Analysis calculates this metric based on its comprehensive quarterly GDP estimates.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions to gauge the need for monetary policy adjustments.
Key Facts
- The growth rate is expressed as a percentage change from the previous quarter.
- Positive values indicate economic expansion, while negative values signal contraction.
- This metric is a leading indicator of overall economic performance.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the quarter-over-quarter growth rate of real gross domestic product (GDP), adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The growth rate previous period is a key measure used by economists, policymakers, and analysts to assess the business cycle and inform economic decision-making.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Economic Analysis calculates this metric based on its comprehensive quarterly GDP estimates.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Federal Reserve and other institutions to gauge the need for monetary policy adjustments.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a typical delay of several weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (ULQBBU02JPQ657S), retrieved from FRED.