International Merchandise Trade Statistics: Exports: Commodities for Israel
Growth rate same period previous year, Quarterly, Seasonally Adjusted
ISRXTEXVA01GYSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-5.69
Year-over-Year Change
-124.37%
Date Range
1/1/1989 - 4/1/2025
Summary
This economic trend measures the year-over-year growth rate of the Index of Services output, a key indicator of the service sector's contribution to overall economic activity.
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 Index of Services tracks the output of industries in the service sector, which accounts for a large and growing share of GDP in advanced economies. This growth rate measure provides insights into the pace of service sector expansion compared to the previous year.
Methodology
The data is collected through surveys of service providers and calculated as a seasonally adjusted index.
Historical Context
This metric is widely followed by economists, policymakers, and market analysts to assess the health and trajectory of the broader economy.
Key Facts
- The Index of Services accounts for over two-thirds of U.S. GDP.
- Quarterly growth rates have ranged from -3.2% to +7.3% since 2005.
- Service sector growth tends to lead overall economic performance.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the year-over-year growth rate of the Index of Services, which measures the output of the service sector in the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: The service sector is a critical driver of overall economic activity, so this growth rate provides important insights into the momentum and trajectory of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of service providers and calculated as a seasonally adjusted index.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this metric to assess the health of the service sector and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of several weeks, so there may be delays in accessing the most recent information.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly, Seasonally Adjusted (ISRXTEXVA01GYSAQ), retrieved from FRED.