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Growth rate

Term · Economic statistics · MLC-T-ECS-000848

  1. Percent change in the value of a measure over a given period.

    Note: For example, in the Bureau of Labor Statistics (BLS) Employment Projections program, growth rate adjectives used in the Occupational Outlook Handbook (OOH) are defined by the following percent changes for the 2016-26 employment projections: much faster than the average = 15 percent or more, faster than the average = 10 percent to 14 percent, as fast as the average = 5 percent to 9 percent, slower than the average = 2 percent to 4 percent, little or no change = - 1 percent to 1 percent, and decline = - 2 percent or more.

  2. The average annual percent change in the population, resulting from a surplus (or deficit) of births over deaths and the balance of migrants entering and leaving a country. The rate may be positive or negative. Also known as population growth rate or average annual rate of growth.

Table 1. Record
IdentifierMLC-T-ECS-000848
FieldEconomic statistics
ReferencesBLS Glossary; U.S. Census Bureau Glossary
See alsoBirth rate; Crude death rate; Death rate; Rate of natural increase; Total fertility rate
Record as JSON
{
  "id": "MLC-T-ECS-000848",
  "term": "Growth rate",
  "field": "Economic statistics",
  "definitions": [
    "Percent change in the value of a measure over a given period.\n\nNote: For example, in the Bureau of Labor Statistics (BLS) Employment Projections program, growth rate adjectives used in the Occupational Outlook Handbook (OOH) are defined by the following percent changes for the 2016-26 employment projections: much faster than the average = 15 percent or more, faster than the average = 10 percent to 14 percent, as fast as the average = 5 percent to 9 percent, slower than the average = 2 percent to 4 percent, little or no change = - 1 percent to 1 percent, and decline = - 2 percent or more.",
    "The average annual percent change in the population, resulting from a surplus (or deficit) of births over deaths and the balance of migrants entering and leaving a country. The rate may be positive or negative. Also known as population growth rate or average annual rate of growth."
  ],
  "see_also": [
    "Birth rate",
    "Crude death rate",
    "Death rate",
    "Rate of natural increase",
    "Total fertility rate"
  ],
  "references": [
    "BLS Glossary",
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/growth-rate/"
}

Record 848 of 2,177 in Economic statistics terminology (MLC-0116). Request the full dataset.