International Merchandise Trade Statistics: Exports: Commodities for Argentina
Growth rate same period previous year, Monthly, Seasonally Adjusted
ARGXTEXVA01GYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-5.80
Year-over-Year Change
-123.95%
Date Range
1/1/1991 - 5/1/2025
Summary
This economic trend measures the year-over-year growth rate of real gross domestic product (GDP) on a monthly basis, adjusted for seasonal variations. It provides insights into the pace and direction of overall 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 same period previous year metric tracks changes in real GDP compared to the same month in the prior year. This helps economists and policymakers analyze the broader trajectory of the U.S. economy and identify potential turning points or fluctuations in growth.
Methodology
The data is calculated based on official GDP estimates published by the U.S. Bureau of Economic Analysis.
Historical Context
This trend is widely used to inform monetary and fiscal policy decisions, as well as to analyze market conditions and consumer/business sentiment.
Key Facts
- The trend has a base year of 2012.
- Data is released with a 1-2 month lag.
- Annual GDP growth averaged 2.3% from 2010-2019.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of real gross domestic product (GDP) on a monthly basis, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the broader trajectory of the U.S. economy, helping economists and policymakers analyze economic growth and identify potential turning points.
Q: How is this data collected or calculated?
A: The data is calculated based on official GDP estimates published by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: This trend is widely used to inform monetary and fiscal policy decisions, as well as to analyze market conditions and consumer/business sentiment.
Q: Are there update delays or limitations?
A: The data is released with a 1-2 month lag due to the time required to collect and process the underlying GDP estimates.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly, Seasonally Adjusted (ARGXTEXVA01GYSAM), retrieved from FRED.