Producer Prices Index: Economic Activities: Mining and Quarrying Activities: Domestic for Switzerland

Growth rate same period previous year, Monthly

CHEPIEAMI02GYM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.24

Year-over-Year Change

20070.73%

Date Range

5/1/2004 - 12/1/2022

Summary

The 'Growth rate same period previous year, Monthly' measures the year-over-year change in a key economic indicator, providing insights into the pace 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

This trend tracks the annual growth rate of an important economic indicator on a monthly basis, offering a timely view of the economy's performance compared to the prior year. It is widely used by economists, policymakers, and market analysts to assess the health and momentum of the U.S. economy.

Methodology

The data is calculated by the U.S. Federal Reserve using standard statistical methods.

Historical Context

This metric helps inform monetary and fiscal policy decisions as well as market expectations.

Key Facts

  • The series covers data from 1959 to the present.
  • Values can be positive or negative, indicating expansion or contraction.
  • This metric is a leading indicator of overall economic performance.

FAQs

Q: What does this economic trend measure?

A: This trend measures the year-over-year growth rate of a key economic indicator on a monthly basis, providing insights into the pace of economic expansion or contraction.

Q: Why is this trend relevant for users or analysts?

A: This metric is widely used by economists, policymakers, and market analysts to assess the health and momentum of the U.S. economy, helping to inform important decisions and expectations.

Q: How is this data collected or calculated?

A: The data is calculated by the U.S. Federal Reserve using standard statistical methods.

Q: How is this trend used in economic policy?

A: This metric helps inform monetary and fiscal policy decisions as well as market expectations.

Q: Are there update delays or limitations?

A: The data is published monthly with minimal delay, providing timely insights into the state of the economy.

Related Trends

Citation

U.S. Federal Reserve, Growth rate same period previous year, Monthly (CHEPIEAMI02GYM), retrieved from FRED.