Monetary Aggregates and Their Components: Broad Money and Components: M3 for Australia
Growth rate same period previous year, Quarterly, Seasonally Adjusted
AUSMABMM301GYSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.33
Year-over-Year Change
-39.57%
Date Range
4/1/1961 - 1/1/2025
Summary
This economic trend measures the year-over-year growth rate in real GDP, adjusted for seasonal variations. It provides a high-level indicator of the pace and direction of economic expansion or contraction.
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 GDP growth rate same period previous year is a widely watched metric that shows how the economy is performing compared to the prior year. It is a key barometer for policymakers, analysts, and investors to assess the overall health and momentum of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on quarterly GDP estimates.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- GDP grew 2.9% year-over-year in Q4 2022.
- The economy expanded 1.1% in 2022 compared to 2021.
- Quarterly GDP growth rates can vary significantly.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate in real GDP, adjusted for seasonal variations. It provides a high-level indicator of the pace and direction of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a key barometer for policymakers, analysts, and investors to assess the overall health and momentum of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on quarterly GDP estimates.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: Quarterly GDP growth rates can vary significantly, and there may be revisions to prior-period estimates.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly, Seasonally Adjusted (AUSMABMM301GYSAQ), retrieved from FRED.