Production: Manufacturing: Total Manufacturing for Euro Area (19 Countries)
Growth rate previous period, Quarterly, Seasonally Adjusted
PRMNTO01EZQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.50
Year-over-Year Change
-120.38%
Date Range
4/1/1980 - 7/1/2023
Summary
This economic trend measures the growth rate of the previous period on a quarterly, seasonally adjusted basis. It provides important insights into the pace of economic expansion or contraction.
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 metric tracks the rate of change in economic activity from one quarter to the previous quarter. It is a key indicator used by economists and policymakers to assess the strength and direction of the broader economy.
Methodology
This data is calculated by the U.S. Federal Reserve using seasonal adjustment techniques.
Historical Context
The growth rate previous period helps inform decisions around monetary and fiscal policy.
Key Facts
- Measured on a quarterly basis
- Seasonally adjusted to remove calendar effects
- Provides insight into the pace of economic expansion or contraction
FAQs
Q: What does this economic trend measure?
A: This trend measures the growth rate of the previous period on a quarterly, seasonally adjusted basis. It tracks the rate of change in economic activity from one quarter to the previous quarter.
Q: Why is this trend relevant for users or analysts?
A: The growth rate previous period is a key indicator used by economists and policymakers to assess the strength and direction of the broader economy, informing decisions around monetary and fiscal policy.
Q: How is this data collected or calculated?
A: This data is calculated by the U.S. Federal Reserve using seasonal adjustment techniques.
Q: How is this trend used in economic policy?
A: The growth rate previous period helps inform decisions around monetary and fiscal policy, providing insights into the pace of economic expansion or contraction.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with a short delay to allow for seasonal adjustment.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (PRMNTO01EZQ657S), retrieved from FRED.