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Growth rate same period previous year, Monthly
ESPSPASTT01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.00
Year-over-Year Change
38.22%
Date Range
1/1/1986 - 6/1/2025
Summary
The 'Growth rate same period previous year, Monthly' tracks the year-over-year change in economic output, providing insight into the pace of economic growth 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 monthly economic indicator measures the percent change in a variable compared to the same month in the previous year. It is a key gauge of economic momentum and is closely watched by policymakers, analysts, and markets.
Methodology
The data is calculated based on official economic statistics reported by government agencies.
Historical Context
The growth rate is used to monitor economic performance and inform policy decisions.
Key Facts
- The series dates back to 1960.
- Growth rates can signal economic expansion or contraction.
- Positive growth rates indicate an expanding economy.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the year-over-year percent change in a key economic variable, providing insight into the pace of economic growth over time.
Q: Why is this trend relevant for users or analysts?
A: The growth rate is a critical metric used by policymakers, economists, and investors to assess the overall health and trajectory of the economy.
Q: How is this data collected or calculated?
A: The data is calculated based on official economic statistics reported by government agencies.
Q: How is this trend used in economic policy?
A: The growth rate is closely monitored by central banks and policymakers to help inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with minimal delay, providing timely insight into current economic conditions.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (ESPSPASTT01GYM), retrieved from FRED.