Growth Rate Previous Period, Quarterly, Seasonally Adjusted
ULQBBU06SEQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.46
Year-over-Year Change
-73.66%
Date Range
4/1/1993 - 1/1/2011
Summary
The Growth Rate Previous Period, Quarterly, Seasonally Adjusted measures the quarter-over-quarter change in GDP, a key indicator of economic performance and 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 trend represents the percent change in real GDP from the previous quarter, adjusted for seasonal variations. It is a widely-used metric for analyzing the pace and trajectory of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on comprehensive national income and product accounts.
Historical Context
Policymakers and analysts closely monitor this trend to assess the overall health of the economy and inform monetary and fiscal policy decisions.
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 reached a record high of 6.9% in Q4 2021.
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 gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of overall economic performance and a critical input for policymakers, economists, and investors in assessing the health and trajectory of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on comprehensive national income and product accounts.
Q: How is this trend used in economic policy?
A: Policymakers at the Federal Reserve and other institutions closely monitor this GDP growth rate metric to inform monetary and fiscal policy decisions aimed at promoting stable, sustainable economic expansion.
Q: Are there update delays or limitations?
A: The GDP growth rate data is released quarterly with a short lag, typically within a month after the end of each quarter.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (ULQBBU06SEQ657S), retrieved from FRED.