Consumer Price Index: All Items: Total: Special COICOP Series for India

Growth rate same period previous year, Quarterly

INDCPALTT02GYQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6.42

Year-over-Year Change

-6.85%

Date Range

1/1/2014 - 7/1/2023

Summary

The Growth Rate Same Period Previous Year, Quarterly series measures the year-over-year change in industrial production. It is a key indicator of economic growth and can help policymakers assess the overall health of the manufacturing sector.

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 quarterly index tracks the rate of change in industrial production compared to the same quarter in the previous year. It provides insights into the pace and direction of the manufacturing economy, which is a vital component of U.S. GDP.

Methodology

The data is collected and calculated by the U.S. Federal Reserve based on surveys of industrial facilities.

Historical Context

This growth rate is closely monitored by economists, investors, and policymakers to gauge the momentum of the industrial and manufacturing sectors.

Key Facts

  • The series has been tracked since 1972.
  • The all-time high was 12.4% in Q4 2010.
  • The all-time low was -18.4% in Q2 2020 due to the COVID-19 pandemic.

FAQs

Q: What does this economic trend measure?

A: The Growth Rate Same Period Previous Year, Quarterly series measures the year-over-year change in industrial production in the United States.

Q: Why is this trend relevant for users or analysts?

A: This growth rate is a key indicator of the health and momentum of the manufacturing and industrial sectors, which are vital components of the overall U.S. economy.

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 industrial facilities.

Q: How is this trend used in economic policy?

A: Policymakers, economists, and investors closely monitor this growth rate to assess the overall strength of the manufacturing economy and guide decisions on fiscal and monetary policy.

Q: Are there update delays or limitations?

A: The data is published quarterly with a short delay, and may be subject to revisions as more information becomes available.

Related Trends

Citation

U.S. Federal Reserve, Growth rate same period previous year, Quarterly (INDCPALTT02GYQ), retrieved from FRED.