Producer Prices Index: Type of Goods: Investments Goods: Domestic for Finland
Growth rate same period previous year, Quarterly
FINPITGVG02GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.37
Year-over-Year Change
248.00%
Date Range
1/1/1996 - 10/1/2022
Summary
This economic indicator measures the year-over-year growth rate of financial sector output on a quarterly basis. It provides insight into the performance and health of the financial services industry.
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, quarterly metric tracks the percentage change in real output of the U.S. financial sector compared to the same quarter of the prior year. This data series is used by economists and policymakers to assess trends in the financial services industry and its contribution to overall economic growth.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts statistics.
Historical Context
This indicator is closely monitored by the Federal Reserve and other agencies in evaluating the state of the financial markets and broader economy.
Key Facts
- The financial sector accounts for approximately 8% of U.S. GDP.
- Financial sector output grew 4.2% year-over-year in Q3 2022.
- This metric has shown volatility during economic recessions.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the year-over-year growth rate of real output in the U.S. financial sector on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The financial sector's performance is a key driver of overall economic growth, so this metric provides important insights for economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national accounts statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other agencies closely monitor this indicator to assess the state of the financial markets and broader economy, informing policy decisions.
Q: Are there update delays or limitations?
A: This data is released on a quarterly basis with a lag of approximately two months.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Finland
CPALTT01FIM659N
Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Finland
LFEM64TTFIQ647N
Bank Concentration for Finland
DDOI01FIA156NWDB
Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for Finland
LFHUTTTTFIM647S
Infra-Annual Labor Statistics: Unemployment Rate Male: From 25 to 54 Years for Finland
LRUN25MAFIQ156S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Finland
FINCP090000GYM
Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (FINPITGVG02GYQ), retrieved from FRED.