Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Hungary
Contribution to growth rate, over 1 year, Monthly
HUNCP040000CTGYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.49
Year-over-Year Change
285.47%
Date Range
1/1/2010 - 4/1/2025
Summary
The 'Contribution to growth rate, over 1 year, Monthly' series measures the year-over-year change in the contribution of personal consumption expenditures to the overall growth rate 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 metric provides insight into the drivers of economic growth, specifically the role of consumer spending. It is a key indicator used by economists and policymakers to analyze the health and trajectory of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts and consumption expenditure data.
Historical Context
Economists and analysts monitor this trend to understand the underlying dynamics of economic expansion or contraction.
Key Facts
- This trend is measured on a monthly basis.
- The data is reported as a percentage change over the prior 12 months.
- Consumer spending is a major driver of overall economic growth in the U.S.
FAQs
Q: What does this economic trend measure?
A: The 'Contribution to growth rate, over 1 year, Monthly' series measures the year-over-year change in the contribution of personal consumption expenditures to the overall growth rate of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the drivers of economic growth, specifically the role of consumer spending, which is a key component of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national accounts and consumption expenditure data.
Q: How is this trend used in economic policy?
A: Economists and analysts monitor this trend to understand the underlying dynamics of economic expansion or contraction, which informs policy decisions and market expectations.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with a typical release delay of 1-2 months.
Related Trends
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Infra-Annual Labor Statistics: Working-Age Population Male: From 15 to 64 Years for Hungary
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Citation
U.S. Federal Reserve, Contribution to growth rate, over 1 year, Monthly (HUNCP040000CTGYM), retrieved from FRED.