Growth Rate Same Period Previous Year, Annual
CPALTT01G7A659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.80
Year-over-Year Change
-60.00%
Date Range
1/1/1971 - 1/1/2016
Summary
The 'Growth Rate Same Period Previous Year, Annual' metric measures the year-over-year change in an economic indicator, providing insights into long-term trends and stability.
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 annual growth rate statistic is widely used by economists and policymakers to analyze the trajectory of key economic variables like inflation, employment, and GDP over time. It offers a standardized way to compare performance across different time periods.
Methodology
The data is calculated by the U.S. Federal Reserve as a year-over-year percent change.
Historical Context
Policymakers and analysts monitor this metric to guide decisions on interest rates, fiscal policy, and other economic interventions.
Key Facts
- The metric is reported on a 0-100% scale.
- Growth rates can be positive, negative, or zero.
- Data is released monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The 'Growth Rate Same Period Previous Year, Annual' metric measures the year-over-year percent change in an economic indicator, providing insights into long-term performance.
Q: Why is this trend relevant for users or analysts?
A: This trend is widely used by economists and policymakers to analyze the trajectory of key economic variables like inflation, employment, and GDP over time, offering a standardized basis for comparison.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve as a year-over-year percent change.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this metric to guide decisions on interest rates, fiscal policy, and other economic interventions.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve with no significant update delays.
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Citation
U.S. Federal Reserve, Growth Rate Same Period Previous Year, Annual (CPALTT01G7A659N), retrieved from FRED.