Monetary Aggregates and Their Components: Broad Money and Components: M3 for Denmark
Growth rate same period previous year, Quarterly, Seasonally Adjusted
DNKMABMM301GYSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.59
Year-over-Year Change
-104.43%
Date Range
4/1/1971 - 10/1/2018
Summary
This economic trend measures the growth rate of a variable compared to the same period in the previous year, on a quarterly and seasonally adjusted basis. It provides insights into the pace and trajectory of economic changes 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
The growth rate same period previous year indicator tracks the percent change in a variable between the current quarter and the same quarter in the prior year. This allows analysts to identify annual trends and seasonal patterns in the data, which is useful for economic forecasting and policymaking.
Methodology
The data is collected through government surveys and administrative records, then adjusted for seasonal variations.
Historical Context
This metric is closely watched by central banks, financial institutions, and economic researchers to gauge the health and direction of the broader economy.
Key Facts
- Data is reported on a quarterly basis.
- Measures the year-over-year change in a variable.
- Helps identify economic trends and cycles.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percent change in a variable between the current quarter and the same quarter in the prior year, providing insights into annual economic trends and seasonal patterns.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists, policymakers, and market analysts to gauge the overall health and direction of the economy, as it helps identify broader economic cycles and growth trajectories.
Q: How is this data collected or calculated?
A: The data is collected through government surveys and administrative records, then adjusted for seasonal variations.
Q: How is this trend used in economic policy?
A: Central banks, financial institutions, and economic researchers closely monitor this metric to inform monetary and fiscal policy decisions, as well as to make projections about future economic performance.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, so there may be a several-month delay between the end of the reference period and the release of the latest figures.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly, Seasonally Adjusted (DNKMABMM301GYSAQ), retrieved from FRED.