Growth Rate Same Period Previous Year, Annual
CPGREN01O1A659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-5.20
Year-over-Year Change
-172.22%
Date Range
1/1/1971 - 1/1/2016
Summary
The Growth Rate Same Period Previous Year, Annual measures the year-over-year change in a given economic indicator. This metric helps analyze economic performance and identify trends over time.
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 compares a given economic variable's value in the current year to its value in the previous year, providing a standardized measure of year-over-year change. Economists and policymakers use this to track the trajectory of key economic indicators.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using underlying economic indicator data.
Historical Context
The growth rate is a common input for assessing economic conditions and guiding policy decisions.
Key Facts
- The data is released on a quarterly basis.
- Positive values indicate year-over-year expansion.
- Negative values signal year-over-year contraction.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Same Period Previous Year, Annual measures the year-over-year change in a given economic indicator, providing a standardized metric for analyzing economic performance.
Q: Why is this trend relevant for users or analysts?
A: This growth rate is a key input for economists and policymakers assessing economic conditions and guiding policy decisions, as it helps identify underlying trends in the economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using underlying economic indicator data.
Q: How is this trend used in economic policy?
A: The growth rate is a common input for assessing economic conditions and guiding policy decisions, as it provides a standardized measure of year-over-year change in key economic variables.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical lag of several weeks.
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Citation
U.S. Federal Reserve, Growth Rate Same Period Previous Year, Annual (CPGREN01O1A659N), retrieved from FRED.