Growth Rate Previous Period, Trend, Annual, Not Seasonally Adjusted
ULQBBU07G7A658N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.05
Year-over-Year Change
-101.56%
Date Range
1/1/1971 - 1/1/2010
Summary
This annual, not seasonally adjusted economic trend measures the growth rate from the previous period. It provides insight into the pace of economic change and is a key indicator monitored by economists and policymakers.
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 metric tracks the year-over-year change in an economic variable, offering a perspective on the underlying trajectory rather than just the current level. Analysts use this trend to assess the momentum and direction of the economy.
Methodology
The data is calculated based on the percentage change between consecutive annual periods.
Historical Context
Policymakers and market participants closely follow growth rate trends to inform economic forecasting and decision-making.
Key Facts
- The data is reported on an annual, not seasonally adjusted basis.
- Growth rate trends help identify periods of economic expansion and contraction.
- This indicator provides context beyond just the current economic level.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of an economic variable, providing insight into the pace of economic change.
Q: Why is this trend relevant for users or analysts?
A: Growth rate trends are closely monitored by economists and policymakers to assess the underlying momentum and direction of the economy.
Q: How is this data collected or calculated?
A: The data is calculated based on the percentage change between consecutive annual periods.
Q: How is this trend used in economic policy?
A: Policymakers and market participants use growth rate trends to inform economic forecasting and decision-making.
Q: Are there update delays or limitations?
A: The data is reported on an annual, not seasonally adjusted basis, which may limit its timeliness for certain applications.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Trend, Annual, Not Seasonally Adjusted (ULQBBU07G7A658N), retrieved from FRED.