Consumer Price Index: Clothing and Footwear (COICOP 03): Total for India
Growth rate previous period, Quarterly
INDCP030000GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.09
Year-over-Year Change
-92.69%
Date Range
4/1/2013 - 1/1/2019
Summary
This economic trend measures the quarterly growth rate of industrial production, which is a key indicator of overall economic activity and manufacturing sector performance.
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 previous period, quarterly indicator tracks the percentage change in industrial production from the previous quarter. It provides insights into the pace and direction of industrial activity, which is an important factor in assessing the broader economic landscape.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of manufacturing, mining, and utility companies.
Historical Context
This metric is closely watched by policymakers, analysts, and investors to gauge the health and trajectory of the industrial sector and the broader economy.
Key Facts
- The growth rate previous period, quarterly reached a high of 6.9% in Q4 2020.
- Manufacturing accounts for approximately 11% of U.S. GDP.
- The industrial sector was significantly impacted by the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly percentage change in industrial production, which includes manufacturing, mining, and utilities output.
Q: Why is this trend relevant for users or analysts?
A: The growth rate of industrial production is a crucial indicator of overall economic activity and the health of the manufacturing sector.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys of companies in the industrial sector.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and investors closely monitor this metric to assess the direction and pace of industrial activity, which informs economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of around one month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (INDCP030000GPQ), retrieved from FRED.