Growth Rate Previous Period, Quarterly, Seasonally Adjusted
XTEXVA01G7Q657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.97
Year-over-Year Change
206.18%
Date Range
4/1/1970 - 4/1/2017
Summary
The Growth Rate Previous Period, Quarterly, Seasonally Adjusted measures the quarter-over-quarter percent change in an economic indicator, adjusted for seasonal variations. This metric provides insights into the pace and direction of economic growth.
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
This series tracks the rate of change in an economic variable compared to the previous quarter, with seasonal factors removed. It is a key measure used by economists and policymakers to assess the momentum and trajectory of the broader economy.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying economic indicators.
Historical Context
Policymakers and analysts monitor this trend to inform decisions around monetary and fiscal policy.
Key Facts
- This metric is annualized and reported as a percentage change.
- It captures the momentum of the economy compared to the prior quarter.
- Analysts use this trend to gauge the strength and trajectory of economic expansion.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Quarterly, Seasonally Adjusted measures the quarter-over-quarter percent change in an economic indicator, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insights into the pace and direction of economic growth, which informs decisions around monetary and fiscal policy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on underlying economic indicators.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to gauge the momentum of the economy and make informed decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is reported quarterly with a lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (XTEXVA01G7Q657S), retrieved from FRED.