Total Manufacturing Production for the European Union
Growth Rate Previous Period, Quarterly, Seasonally Adjusted
PRMNTO01EUQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.98
Year-over-Year Change
-169.36%
Date Range
4/1/1990 - 10/1/2019
Summary
This economic trend measures the quarter-over-quarter growth rate of a key economic indicator, providing insights into the pace of economic expansion or contraction. It is a valuable metric for economists and policymakers monitoring overall economic performance.
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 Previous Period, Quarterly, Seasonally Adjusted indicator tracks the percentage change in a selected economic variable from the previous quarter. This metric is widely used to analyze the direction and momentum of the economy, informing policy decisions and investment strategies.
Methodology
The data is collected and calculated by the U.S. Federal Reserve using established statistical methods.
Historical Context
This trend is closely watched by economists, investors, and policymakers to gauge the health and trajectory of the U.S. economy.
Key Facts
- The growth rate is calculated as a percentage change from the previous quarter.
- This trend provides a timely signal of economic momentum and direction.
- Policymakers use this data to inform decisions on interest rates and other interventions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter growth rate of a key economic indicator, providing insights into the pace of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists, investors, and policymakers to analyze the direction and momentum of the economy, informing policy decisions and investment strategies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve using established statistical methods.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this trend to gauge the health and trajectory of the U.S. economy, using it to inform decisions on interest rates and other interventions.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis with minimal delays, providing timely insights into economic performance.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (PRMNTO01EUQ657S), retrieved from FRED.