Growth rate same period previous year
CPHPTT01EEQ659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/1997 - 7/1/2015
Summary
The 'Growth rate same period previous year' measures the year-over-year change in an economic indicator, providing insights into the pace of economic growth or decline.
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 time series expresses the growth rate of an economic indicator compared to the same period in the previous year. It is widely used by economists and policymakers to analyze and forecast economic trends and cycles.
Methodology
The data is calculated as the percent change between the current period and the same period in the prior year.
Historical Context
This metric is essential for understanding the trajectory of the economy and informing policy decisions.
Key Facts
- Year-over-year growth rates provide a more accurate picture of economic trends than month-over-month changes.
- The 'Growth rate same period previous year' metric is commonly used to assess the strength and trajectory of the economy.
- This data is essential for economists and policymakers to monitor economic performance and inform policy decisions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year change in an economic indicator, providing insights into the pace of economic growth or decline.
Q: Why is this trend relevant for users or analysts?
A: This metric is essential for understanding the trajectory of the economy and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated as the percent change between the current period and the same period in the prior year.
Q: How is this trend used in economic policy?
A: This metric is widely used by economists and policymakers to analyze and forecast economic trends and cycles, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be some delays in publication.
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Citation
U.S. Federal Reserve, Growth rate same period previous year (CPHPTT01EEQ659N), retrieved from FRED.