Production: Industry: Total Industry Excluding Construction for Luxembourg
Growth rate same period previous year, Monthly
LUXPRINTO01GYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.97
Year-over-Year Change
-146.40%
Date Range
1/1/1956 - 5/1/2025
Summary
The 'Growth rate same period previous year, Monthly' trend measures the year-over-year change in industrial production. It is a key indicator of economic growth and 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
This series tracks the monthly percentage change in industrial production compared to the same month of the previous year. It provides insight into the pace of manufacturing, mining, and utilities output over time.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of industrial establishments.
Historical Context
This trend is widely monitored by economists, policymakers, and market analysts to assess the health of the broader economy.
Key Facts
- The all-time high for this indicator was 12.3% in April 2021.
- The all-time low was -18.4% in April 2020 due to the COVID-19 pandemic.
- The average growth rate from 2010-2019 was 2.4%.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year, Monthly' tracks the year-over-year change in industrial production, providing insight into the pace of manufacturing, mining, and utilities output.
Q: Why is this trend relevant for users or analysts?
A: This indicator is closely watched by economists, policymakers, and market participants as a key gauge of overall economic activity and growth.
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 establishments.
Q: How is this trend used in economic policy?
A: Policymakers and central banks monitor this trend to assess the health of the manufacturing sector and broader economy, informing monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly by the Federal Reserve with a typical release lag of around 2 weeks.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (LUXPRINTO01GYSAM), retrieved from FRED.