Growth Rate Previous Period, Annual, Not Seasonally Adjusted
ULQBBU08SKA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.11
Year-over-Year Change
-186.29%
Date Range
1/1/1996 - 1/1/2010
Summary
This annual, not seasonally adjusted trend measures the year-over-year growth rate in the previous period. It provides insights into the pace and direction of economic activity.
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, Annual, Not Seasonally Adjusted metric tracks the percentage change in an economic indicator compared to the same period in the prior year. This key metric helps analysts and policymakers assess the momentum and trajectory of the economy.
Methodology
The data is calculated based on the change between the current period and the same period in the previous year.
Historical Context
This trend is widely used to understand and forecast macroeconomic conditions.
Key Facts
- The growth rate is expressed as a percentage change.
- This metric provides a year-over-year perspective on economic performance.
- Analyzing trends in the growth rate can help identify turning points in the economic cycle.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percentage change in an economic indicator, providing insights into the pace and direction of economic activity.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists, policymakers, and market analysts to assess the momentum and trajectory of the economy.
Q: How is this data collected or calculated?
A: The data is calculated based on the change between the current period and the same period in the previous year.
Q: How is this trend used in economic policy?
A: Trends in the growth rate are closely monitored by central banks, governments, and other institutions to understand and forecast macroeconomic conditions.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve, but there may be a lag in availability depending on the specific indicator being tracked.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (ULQBBU08SKA657S), retrieved from FRED.