Growth rate same period previous year
CPHPTT01TRQ659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.00
Year-over-Year Change
-16.67%
Date Range
1/1/1997 - 4/1/2015
Summary
The 'Growth rate same period previous year' trend measures the year-over-year change in a given 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 metric is widely used by economists and policymakers to analyze economic performance, evaluate the impacts of policy decisions, and identify emerging trends in the broader economy.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying economic indicators.
Historical Context
This trend is a key input for economic forecasting and policy deliberations.
Key Facts
- The growth rate trend measures year-over-year change.
- It provides insights into the pace of economic expansion or contraction.
- The data is used extensively by economists and policymakers.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year' trend measures the year-over-year change in a given 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 widely used by economists and policymakers to analyze economic performance, evaluate the impacts of policy decisions, and identify emerging trends in the broader economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on underlying economic indicators.
Q: How is this trend used in economic policy?
A: This trend is a key input for economic forecasting and policy deliberations.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve, with typical update delays and limitations associated with economic statistics.
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Citation
U.S. Federal Reserve, Growth rate same period previous year (CPHPTT01TRQ659N), retrieved from FRED.