International Merchandise Trade Statistics: Imports: Commodities for Saudi Arabia
Growth rate same period previous year, Quarterly, Seasonally Adjusted
SAUXTIMVA01GYSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.19
Year-over-Year Change
-30.60%
Date Range
1/1/1992 - 1/1/2025
Summary
This economic trend measures the year-over-year growth rate of industrial production, providing insight into the health and momentum of the U.S. manufacturing 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 series tracks the year-over-year change in total industrial production, which encompasses manufacturing, mining, and utilities. It is a key indicator of economic activity and a critical data point for policymakers and market analysts.
Methodology
The data is collected through the Federal Reserve's monthly industrial production survey.
Historical Context
This trend is widely used to assess the state of the U.S. economy and inform monetary and fiscal policy decisions.
Key Facts
- Industrial production accounts for approximately 20% of U.S. GDP.
- The growth rate has averaged 2.5% over the past 20 years.
- Manufacturing is the largest component of industrial production, making up about 75% of the index.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of total industrial production in the United States, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: The industrial production growth rate is a key indicator of the health and momentum of the U.S. economy, providing important insights for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Federal Reserve's monthly industrial production survey.
Q: How is this trend used in economic policy?
A: The industrial production growth rate is closely monitored by the Federal Reserve and other policymakers to inform monetary policy decisions and assess the broader state of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly, Seasonally Adjusted (SAUXTIMVA01GYSAQ), retrieved from FRED.