Monetary Aggregates and Their Components: Broad Money and Components: M3 for OECD

Growth rate same period previous year, Quarterly

OECDMABMM301GYSAQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3.81

Year-over-Year Change

-59.38%

Date Range

1/1/1981 - 10/1/2024

Summary

This economic trend measures the growth rate of a key macroeconomic indicator compared to the same period in the previous year, reported on a quarterly basis. It is an important metric for analyzing a country's economic performance and growth trajectory.

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 same period previous year, Quarterly' trend tracks the year-over-year percent change in a major economic variable, providing insight into the pace and direction of economic expansion or contraction. Economists and policymakers closely monitor this statistic to assess a country's economic health and formulate appropriate policies.

Methodology

The data is collected and calculated by the OECD based on official government statistics.

Historical Context

This trend is widely used by central banks, government agencies, and market analysts to inform monetary and fiscal policy decisions.

Key Facts

  • The trend is reported on a quarterly basis.
  • It measures the year-over-year percent change in a key economic indicator.
  • The data is collected and published by the OECD.

FAQs

Q: What does this economic trend measure?

A: This trend measures the year-over-year percent change in a major macroeconomic indicator, providing insight into the pace and direction of economic growth.

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

A: This trend is a crucial metric for economists and policymakers to assess a country's economic performance and formulate appropriate policies.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the OECD based on official government statistics.

Q: How is this trend used in economic policy?

A: This trend is widely used by central banks, government agencies, and market analysts to inform monetary and fiscal policy decisions.

Q: Are there update delays or limitations?

A: The data is reported on a quarterly basis, with some potential for minor delays in data reporting.

Related Trends

Citation

U.S. Federal Reserve, Growth rate same period previous year, Quarterly (OECDMABMM301GYSAQ), retrieved from FRED.