Sales: Retail Trade: Car Registration: Passenger Cars for Canada
Growth rate previous period, Monthly, Seasonally Adjusted
CANSLRTCR03GPSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.32
Year-over-Year Change
-184.64%
Date Range
1/1/1947 - 5/1/2025
Summary
This economic trend measures the monthly, seasonally adjusted growth rate compared to the previous period. It provides insights into the pace of economic activity and is a key indicator used by policymakers and analysts.
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 previous period metric tracks the month-over-month change in a given economic variable, adjusted for seasonal factors. It is a widely followed measure of economic momentum that complements other indicators like GDP and consumer spending.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on primary economic surveys and statistical models.
Historical Context
This trend is closely watched by the Federal Reserve, financial markets, and economic researchers to assess the strength and trajectory of the U.S. economy.
Key Facts
- The growth rate is measured on a month-over-month basis.
- Seasonal adjustments account for recurring calendar effects.
- The indicator tracks the pace of change in economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly, seasonally adjusted growth rate of an economic variable compared to the previous period.
Q: Why is this trend relevant for users or analysts?
A: The growth rate previous period is a key indicator of economic momentum that complements other measures like GDP and consumer spending.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on primary economic surveys and statistical models.
Q: How is this trend used in economic policy?
A: This trend is closely watched by the Federal Reserve, financial markets, and economic researchers to assess the strength and trajectory of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag to account for the time required to collect and process the underlying information.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly, Seasonally Adjusted (CANSLRTCR03GPSAM), retrieved from FRED.