Work Started: Construction: Dwellings and Residential Buildings: Total for Canada
Growth rate previous period, Quarterly, Seasonally Adjusted
WSCNDW01CAQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.06
Year-over-Year Change
-85.27%
Date Range
1/1/1960 - 7/1/2023
Summary
This economic indicator measures the quarterly growth rate of the selected series, adjusted for seasonal variations. It provides insights into the momentum 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, Quarterly, Seasonally Adjusted series tracks the quarter-over-quarter percent change in a given economic indicator, with seasonal effects removed. This metric is widely used by economists and policymakers to analyze economic trends and inform decision-making.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying economic series.
Historical Context
This growth rate measure is closely monitored by market participants and government agencies to assess the health and trajectory of the U.S. economy.
Key Facts
- The growth rate is expressed as a percentage change.
- Seasonal adjustment removes predictable calendar-related variations.
- This metric is a leading indicator of economic performance.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarter-over-quarter percent change in a selected economic series, with seasonal effects removed.
Q: Why is this trend relevant for users or analysts?
A: The growth rate measure provides important insights into the momentum and direction of economic activity, which is crucial for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on underlying economic series.
Q: How is this trend used in economic policy?
A: This growth rate measure is closely monitored by market participants and government agencies to assess the health and trajectory of the U.S. economy, informing decision-making and policy interventions.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and revisions of the underlying economic series.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (WSCNDW01CAQ657S), retrieved from FRED.