Annual

ULQBBV04DKA189N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

54,575,835,909.00

Year-over-Year Change

-18.39%

Date Range

1/1/1988 - 1/1/2010

Summary

The Annual trend measures the percentage change in the U.S. GDP deflator over a 12-month period. It is a key indicator of overall price levels and inflation in 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 Annual trend tracks the year-over-year percent change in the GDP deflator, which measures the change in prices for all goods and services produced in the United States. It is a comprehensive inflation metric used by economists and policymakers to gauge broad economic conditions.

Methodology

The data is calculated by the U.S. Bureau of Economic Analysis based on changes in the GDP deflator.

Historical Context

The Annual trend informs Federal Reserve monetary policy and provides context for interpreting consumer price indexes and other inflation measures.

Key Facts

  • The GDP deflator measures changes in the prices of all domestic goods and services.
  • Year-over-year inflation based on the GDP deflator averaged 3.8% from 1990-2022.
  • The Annual trend is a broader measure of price changes than the Consumer Price Index (CPI).

FAQs

Q: What does this economic trend measure?

A: The Annual trend measures the year-over-year percent change in the GDP deflator, which tracks the overall price level of goods and services produced in the United States.

Q: Why is this trend relevant for users or analysts?

A: The Annual trend is a key indicator of broad-based inflation and helps economists and policymakers assess the overall health 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 changes in the GDP deflator.

Q: How is this trend used in economic policy?

A: The Annual trend informs Federal Reserve monetary policy decisions and provides context for interpreting other inflation metrics like the Consumer Price Index.

Q: Are there update delays or limitations?

A: The Annual data is published quarterly with a lag of approximately one month.

Related Trends

Citation

U.S. Federal Reserve, Annual (ULQBBV04DKA189N), retrieved from FRED.