Monetary Aggregates and Their Components: Broad Money and Components: M3 for Norway
Growth rate previous period, Monthly
MABMM301NOM657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.60
Year-over-Year Change
40.58%
Date Range
3/1/1960 - 4/1/2025
Summary
The Growth rate previous period, Monthly trend measures the month-over-month change in an economic indicator, providing insights into the pace of 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
This metric tracks the percentage change in an economic variable compared to the prior month, offering a snapshot of momentum in the broader economy. Economists and policymakers closely monitor these monthly growth rates to identify emerging trends and inform policy decisions.
Methodology
The data is calculated by the U.S. Federal Reserve based on the underlying economic indicator.
Historical Context
Growth rate data is widely used to analyze consumer spending, industrial production, and other key economic drivers.
Key Facts
- The series dates back to January 1959.
- Positive growth rates indicate an expanding economy.
- Negative growth rates signal economic contraction.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Monthly trend measures the month-over-month change in an underlying economic indicator, providing insights into the pace of economic activity.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers as it offers a timely snapshot of economic momentum, which can inform decisions and policy actions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on the underlying economic indicator.
Q: How is this trend used in economic policy?
A: Growth rate data is widely used to analyze consumer spending, industrial production, and other key economic drivers, which can inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical release lag of several weeks following the reference period.
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Amount Outstanding of International Debt Securities for Issuers in General Government Sector, All Maturities, Residence of Issuer in Norway
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (MABMM301NOM657S), retrieved from FRED.