Growth Rate Same Period Previous Year, Quarterly, Seasonally Adjusted
XTIMVA01G7Q659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.96
Year-over-Year Change
46.74%
Date Range
1/1/1971 - 4/1/2017
Summary
This economic trend measures the year-over-year growth rate of a key indicator, providing insights into the pace of economic expansion or contraction. It is a valuable metric for economists and policymakers analyzing the trajectory of 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 growth rate same period previous year, quarterly, seasonally adjusted trend shows the percentage change in a key economic indicator compared to the same quarter in the previous year. This allows for analysis of economic performance over time, accounting for seasonal fluctuations.
Methodology
The data is calculated based on official government sources and adjusted for seasonal variations.
Historical Context
This metric is widely used by economists, analysts, and policymakers to evaluate the health and direction of the economy.
Key Facts
- The trend is reported on a quarterly basis.
- Seasonal adjustments help isolate underlying economic trends.
- Year-over-year growth rates provide a useful benchmark for assessing economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of a key economic indicator, providing insights into the pace of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists, analysts, and policymakers to evaluate the health and direction of the economy, as it allows for analysis of economic performance over time while accounting for seasonal fluctuations.
Q: How is this data collected or calculated?
A: The data is calculated based on official government sources and adjusted for seasonal variations.
Q: How is this trend used in economic policy?
A: This metric is a key input for economists and policymakers in assessing the state of the economy and informing policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with some potential for minor delays in the release of the latest figures.
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Citation
U.S. Federal Reserve, Growth Rate Same Period Previous Year, Quarterly, Seasonally Adjusted (XTIMVA01G7Q659S), retrieved from FRED.