Production: Industry: Total Industry Excluding Construction for Canada
Growth rate same period previous year, Quarterly, Seasonally Adjusted
PRINTO01CAQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.70
Year-over-Year Change
-53.87%
Date Range
1/1/1962 - 1/1/2025
Summary
This economic trend measures the year-over-year growth rate of industrial production in Canada on a quarterly, seasonally adjusted basis. It provides important insights into the health and performance of the Canadian industrial sector.
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, Seasonally Adjusted indicator tracks the annual percent change in Canada's industrial production, adjusting for seasonal fluctuations. It is a key barometer of the country's manufacturing activity and broader economic conditions.
Methodology
The data is collected and calculated by Statistics Canada based on monthly surveys of industrial establishments.
Historical Context
This trend is closely monitored by policymakers, economists, and market analysts to assess the Canadian economy's momentum and guide policy decisions.
Key Facts
- Canada's industrial production grew 5.7% year-over-year in Q4 2022.
- The manufacturing sector accounts for over 10% of Canada's GDP.
- This indicator is released quarterly by Statistics Canada.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of industrial production in Canada on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The industrial production growth rate is a key indicator of the health and performance of the Canadian manufacturing sector, providing important insights into the broader economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Statistics Canada based on monthly surveys of industrial establishments.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and market analysts to assess the Canadian economy's momentum and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly by Statistics Canada with a lag of approximately 2 months.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly, Seasonally Adjusted (PRINTO01CAQ659S), retrieved from FRED.