Production: Construction: Total for Luxembourg
Growth rate same period previous year, Quarterly
PRCNTO01LUQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.75
Year-over-Year Change
34.71%
Date Range
1/1/1957 - 1/1/2025
Summary
This economic trend measures the growth rate of a variable compared to the same period in the previous year, reported on a quarterly basis. It provides insight into the pace of economic changes over time.
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 how a given economic indicator has changed compared to the same quarter one year earlier. This can reveal underlying trends and cyclical patterns in the data that may not be apparent from quarter-over-quarter changes alone.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying economic indicators.
Historical Context
Economists and policymakers use this metric to assess the health and trajectory of the overall economy.
Key Facts
- The data is reported on a quarterly basis.
- The metric compares the current quarter to the same quarter one year prior.
- It provides insight into the pace of economic changes over time.
FAQs
Q: What does this economic trend measure?
A: This trend measures the growth rate of a variable compared to the same period in the previous year, reported on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into underlying trends and cyclical patterns in the economy that may not be apparent from quarter-over-quarter changes alone, making it relevant for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on underlying economic indicators.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess the health and trajectory of the overall economy.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, so there may be a delay in the most recent information.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (PRCNTO01LUQ659S), retrieved from FRED.