Total Construction for the Russian Federation
Growth Rate Same Period Previous Year, Annual, Not Seasonally Adjusted
PRCNTO01RUA659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.04
Year-over-Year Change
-128.05%
Date Range
1/1/2005 - 1/1/2017
Summary
This economic indicator measures the annual growth rate of a variable compared to the same period in the previous year, without seasonal adjustments. It provides insight into year-over-year changes in economic conditions.
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 metric compares a data point to the corresponding value from the prior year, rather than the previous period. This allows for the identification of broader trends and removes the influence of seasonal factors.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying economic variables.
Historical Context
This trend is widely used by economists and policymakers to assess the trajectory of the economy.
Key Facts
- Measures year-over-year changes in economic variables.
- Removes seasonal fluctuations to identify broader trends.
- Widely used by economists and policymakers.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the annual growth rate of a variable compared to the same period in the previous year, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into year-over-year changes in economic conditions, allowing for the identification of broader trends and the removal of seasonal influences.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on underlying economic variables.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists and policymakers to assess the trajectory of the economy and inform economic decision-making.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve, with any potential update delays or limitations depending on the underlying source data.
Related Trends
Use of Financial Services, Liabilities: Outstanding Deposits at Insurance Corporations for Russian Federation
RUSFCLOFIXDC
Business Tendency Surveys: Employment: Economic Activity: Services: Future Tendency for Russia
RUSBVEMFT02STSAQ
Use of Financial Services Deposit Accounts: Accounts at Insurance Corporations for Russian Federation
RUSFCAOFINUM
Interest Rates: Long-Term Government Bond Yields: Combined Terms: Total for Russia
IRLTCT01RUM156N
Consumer Price Index: Education (COICOP 10): Total for Russia
RUSCP100000IXNBQ
Nominal Gross Domestic Product for Russia
NGDPNSAXDCRUQ
Citation
U.S. Federal Reserve, Growth Rate Same Period Previous Year, Annual, Not Seasonally Adjusted (PRCNTO01RUA659S), retrieved from FRED.