Production: Industry: Total Industry Excluding Construction for Canada
Growth rate previous period, Monthly, Seasonally Adjusted
CANPRINTO01GPSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.91
Year-over-Year Change
-227.92%
Date Range
2/1/1961 - 4/1/2025
Summary
The Growth Rate Previous Period, Monthly, Seasonally Adjusted metric measures the month-over-month change in economic activity, providing insights into the pace of growth 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
This economic indicator tracks the seasonally adjusted monthly growth rate, which is useful for analyzing short-term trends and business cycle dynamics. Policymakers and analysts often monitor this metric to assess the health and trajectory of the overall economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on a variety of economic indicators.
Historical Context
The growth rate is a key input for policymakers when considering monetary and fiscal interventions.
Key Facts
- The growth rate is measured on a month-over-month basis.
- Positive values indicate economic expansion, while negative values signal contraction.
- This metric is a leading indicator of overall economic performance.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Monthly, Seasonally Adjusted metric measures the month-over-month change in economic activity, providing insights into the pace of growth or contraction.
Q: Why is this trend relevant for users or analysts?
A: This indicator is closely watched by policymakers, economists, and market participants as it offers timely insights into the health and trajectory of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on a variety of economic indicators.
Q: How is this trend used in economic policy?
A: The growth rate is a key input for policymakers when considering monetary and fiscal interventions to support or stabilize economic conditions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of a few weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly, Seasonally Adjusted (CANPRINTO01GPSAM), retrieved from FRED.