International Merchandise Trade Statistics: Exports: Commodities for Saudi Arabia
Growth rate same period previous year, Quarterly, Seasonally Adjusted
SAUXTEXVA01GYSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.56
Year-over-Year Change
-103.35%
Date Range
1/1/1992 - 1/1/2025
Summary
This economic trend measures the year-over-year growth rate of manufacturing output in the United States on a quarterly, seasonally adjusted basis. It provides important insights into the pace and direction of industrial production.
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 tracks the percent change in manufacturing output compared to the same quarter in the prior year. This allows economists to analyze production trends and identify periods of expansion or contraction in the industrial sector.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of manufacturers.
Historical Context
This metric is a key indicator used by policymakers, analysts, and investors to gauge the health and trajectory of the U.S. economy.
Key Facts
- The trend reached a high of 8.7% in Q4 2021.
- Growth rates have averaged 2.3% over the past 10 years.
- The metric experienced a steep decline during the 2020 recession.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the year-over-year percent change in U.S. manufacturing output on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The growth rate in manufacturing production is a key indicator of the health and direction of the overall U.S. economy, providing insights for policymakers, investors, and economists.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys of manufacturing firms.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by the Federal Reserve and other policymakers to gauge the strength of the industrial sector and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a typical lag of 1-2 months after the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly, Seasonally Adjusted (SAUXTEXVA01GYSAQ), retrieved from FRED.