Growth Rate Same Period Previous Year, Trend, Annual, Not Seasonally Adjusted
ULQBBU08EUA660N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.57
Year-over-Year Change
-71.02%
Date Range
1/1/1996 - 1/1/2010
Summary
This economic trend measures the annual growth rate of a key indicator, providing insight into economic performance and growth over time.
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 Same Period Previous Year, Trend, Annual, Not Seasonally Adjusted' metric tracks the year-over-year change in an underlying economic indicator. This allows analysts to identify emerging trends and assess the pace of economic expansion or contraction.
Methodology
The data is calculated from the underlying series using standard year-over-year growth rate formulas.
Historical Context
Policymakers and market participants closely monitor this trend to inform economic forecasting and decision-making.
Key Facts
- This metric provides a clear picture of the underlying rate of economic growth.
- The trend can signal shifts in the business cycle and inform policy responses.
- Data is reported annually and not seasonally adjusted.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual growth rate of a key economic indicator, providing insight into the pace of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: The year-over-year growth rate allows analysts to identify emerging economic trends and assess the overall trajectory of the economy.
Q: How is this data collected or calculated?
A: The data is calculated using standard year-over-year growth rate formulas applied to the underlying economic series.
Q: How is this trend used in economic policy?
A: Policymakers and market participants closely monitor this trend to inform economic forecasting, decision-making, and policy responses.
Q: Are there update delays or limitations?
A: The data is reported annually and is not seasonally adjusted, which should be considered when interpreting the trend.
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Citation
U.S. Federal Reserve, Growth Rate Same Period Previous Year, Trend, Annual, Not Seasonally Adjusted (ULQBBU08EUA660N), retrieved from FRED.