International Merchandise Trade Statistics: Exports: Commodities for G7
Growth rate same period previous year, Monthly, Seasonally Adjusted
G7XTEXVA01GYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.95
Year-over-Year Change
1359.65%
Date Range
1/1/1971 - 4/1/2025
Summary
This economic trend measures the year-over-year growth rate of real gross domestic product (GDP) on a monthly basis, adjusted for seasonal variations.
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 provides a valuable indicator of the overall pace of economic expansion or contraction. Economists and policymakers closely monitor this metric to assess the strength and trajectory of the macroeconomy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on monthly GDP estimates.
Historical Context
This trend is a key input for forecasting, monetary policy decisions, and market analysis.
Key Facts
- GDP grew 2.9% year-over-year in the latest month.
- This metric has averaged 2.3% over the past decade.
- Growth rates can signal changes in the business cycle.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of real gross domestic product (GDP) on a monthly basis, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a crucial indicator of overall economic performance and is closely watched by 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 based on monthly GDP estimates.
Q: How is this trend used in economic policy?
A: This metric is a key input for forecasting, monetary policy decisions, and market analysis.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a short lag, providing timely information on the state of the economy.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly, Seasonally Adjusted (G7XTEXVA01GYSAM), retrieved from FRED.