Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Estonia
Contribution to growth rate, over 1 year, Monthly
ESTCP030000CTGYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.24
Year-over-Year Change
-256.53%
Date Range
1/1/2010 - 4/1/2025
Summary
The Contribution to growth rate, over 1 year, Monthly metric measures the year-over-year change in the economic growth rate. This provides important insights into the pace and trajectory of the U.S. economy.
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 indicator tracks the contribution of various components to the overall growth rate of the economy over a 12-month period. It is used by economists and policymakers to understand the drivers and composition of economic expansion or contraction.
Methodology
The data is calculated by the U.S. Federal Reserve based on national accounts statistics.
Historical Context
This metric helps inform monetary and fiscal policy decisions aimed at promoting economic stability and growth.
Key Facts
- The metric is reported on a monthly basis.
- It covers both goods and services sectors of the economy.
- Positive values indicate an expanding economy.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the year-over-year change in the growth rate of the U.S. economy, showing the contribution of various components to the overall expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: The Contribution to growth rate metric provides valuable insights into the dynamics and drivers of economic activity, helping inform policy decisions and business strategies.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on national accounts statistics.
Q: How is this trend used in economic policy?
A: This metric helps policymakers and economists assess the overall health and trajectory of the economy, supporting decisions on monetary and fiscal policies aimed at promoting economic stability and growth.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with a typical lag of several weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Contribution to growth rate, over 1 year, Monthly (ESTCP030000CTGYM), retrieved from FRED.