Production: Manufacturing: Total
Growth rate previous period, Monthly
OECDPRMNTO01GPSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.21
Year-over-Year Change
-8578.15%
Date Range
2/1/1990 - 5/1/2025
Summary
The Growth rate previous period, Monthly trend measures the month-over-month change in economic growth, providing insight into the pace and direction 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 economic indicator tracks the monthly growth rate of the previous period, which is a key measure of macroeconomic performance. It is used by economists and policymakers to assess the overall health and momentum of the economy.
Methodology
The data is collected and calculated by the Organization for Economic Cooperation and Development (OECD).
Historical Context
Monitoring this growth rate trend helps inform monetary and fiscal policy decisions.
Key Facts
- The growth rate is measured as a percentage change from the previous month.
- Positive growth rates indicate economic expansion, while negative rates signal contraction.
- This metric provides a more timely assessment of economic conditions compared to quarterly GDP.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Monthly trend measures the month-over-month change in economic growth, providing insight into the pace and direction of economic activity.
Q: Why is this trend relevant for users or analysts?
A: This indicator is a key measure of macroeconomic performance that helps economists and policymakers assess the overall health and momentum of the economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Organization for Economic Cooperation and Development (OECD).
Q: How is this trend used in economic policy?
A: Monitoring this growth rate trend helps inform monetary and fiscal policy decisions by providing a timely assessment of economic conditions.
Q: Are there update delays or limitations?
A: The data is published monthly, providing a relatively up-to-date view of economic growth.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (OECDPRMNTO01GPSAM), retrieved from FRED.