Growth Rate Previous Period, Quarterly, Seasonally Adjusted
ULQBBU03G7Q657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.93
Year-over-Year Change
-30.91%
Date Range
4/1/1990 - 1/1/2011
Summary
This economic trend measures the quarterly growth rate of the U.S. Gross Domestic Product (GDP) on a seasonally adjusted basis. It provides a timely indicator of the overall health and momentum of 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 Previous Period, Quarterly, Seasonally Adjusted series tracks the quarter-over-quarter percent change in real GDP, which is a widely followed metric for evaluating economic expansion or contraction. This data point is used by policymakers, analysts, and businesses to assess current conditions and make forward-looking decisions.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on their comprehensive GDP estimates.
Historical Context
This GDP growth rate is a key input for monetary and fiscal policy decisions by the Federal Reserve and government.
Key Facts
- The U.S. GDP grew at an annualized rate of 2.9% in Q4 2022.
- GDP growth exceeded 6% in multiple quarters during the post-pandemic recovery.
- Rapid GDP growth can prompt interest rate hikes to manage inflation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter percent change in real U.S. Gross Domestic Product (GDP) on a seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a crucial indicator of overall economic health and momentum, used by policymakers, businesses, and economists to assess current conditions and make forward-looking decisions.
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 key input for monetary and fiscal policy decisions by the Federal Reserve and government.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short delay, providing a timely but lagging indicator of economic performance.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (ULQBBU03G7Q657S), retrieved from FRED.