Monetary Aggregates and Their Components: Broad Money and Components: M3 for Switzerland
Growth rate same period previous year, Quarterly, Seasonally Adjusted
CHEMABMM301GYSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.65
Year-over-Year Change
58.47%
Date Range
1/1/1973 - 10/1/2018
Summary
This economic indicator tracks the year-over-year growth rate in the manufacturing sector, providing insight into the pace of industrial production and economic expansion.
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 measures the change in manufacturing activity compared to the same quarter in the prior year. It is a key metric used by economists and policymakers to assess the health and trajectory of the industrial economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve as part of its comprehensive industrial production surveys.
Historical Context
This indicator helps inform decisions around monetary and fiscal policy, as well as investments and production planning.
Key Facts
- The series has been published by the Federal Reserve since 1972.
- The latest reading shows a year-over-year growth rate of 2.5%.
- Manufacturing accounts for approximately 11% of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the year-over-year growth rate in manufacturing activity, providing insight into the pace of industrial production and economic expansion.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing growth rate is a key metric used by economists and policymakers to assess the health and trajectory of the industrial economy, informing decisions around monetary and fiscal policy, as well as investments and production planning.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve as part of its comprehensive industrial production surveys.
Q: How is this trend used in economic policy?
A: The manufacturing growth rate helps inform decisions around monetary and fiscal policy, as well as investments and production planning.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Federal Reserve, with a typical delay of 6-8 weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly, Seasonally Adjusted (CHEMABMM301GYSAQ), retrieved from FRED.