Growth rate same period previous year
CPHPTT01CZQ659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.30
Year-over-Year Change
-91.18%
Date Range
1/1/1996 - 7/1/2015
Summary
The 'Growth rate same period previous year' metric measures the year-over-year change in a key economic indicator, providing insights into economic performance and trends.
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 metric tracks the percent change in an economic indicator compared to the same period in the previous year. It is a widely used tool for analyzing and interpreting economic data, as it helps identify underlying patterns and growth trajectories.
Methodology
The data is calculated by the U.S. Federal Reserve based on official economic statistics.
Historical Context
Economists and policymakers closely monitor this metric to assess the health and direction of the economy.
Key Facts
- The metric is expressed as a percentage change.
- It is calculated for a variety of economic indicators, including GDP, consumer prices, and industrial production.
- The year-over-year comparison helps identify long-term trends and mitigate the impact of seasonality.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year' metric measures the percent change in an economic indicator compared to the same period in the previous year.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists and policymakers to analyze economic performance and identify underlying trends and patterns.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on official economic statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this metric to assess the health and direction of the economy, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is typically released with the same frequency as the underlying economic indicator, with any delays or limitations depending on the specific data source.
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Citation
U.S. Federal Reserve, Growth rate same period previous year (CPHPTT01CZQ659N), retrieved from FRED.