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Growth rate same period previous year, Monthly
SVKSPASTT01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.06
Year-over-Year Change
-19.24%
Date Range
9/1/1994 - 6/1/2025
Summary
The growth rate same period previous year, monthly, measures the year-over-year change in an economic indicator on a monthly basis. This trend is crucial for analyzing economic performance and identifying turning points in the business cycle.
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
This metric calculates the percent change in a given economic statistic compared to the same month of the previous year. It provides valuable insights into the pace and direction of economic growth over time, which is essential for policymakers, analysts, and businesses to monitor.
Methodology
The data is calculated by the U.S. Federal Reserve based on monthly economic indicators.
Historical Context
Policymakers and market participants closely follow this trend to assess the overall health of the economy and inform decision-making.
Key Facts
- The growth rate is expressed as a percentage change.
- The data is released on a monthly basis by the Federal Reserve.
- This metric is a leading indicator of economic performance.
FAQs
Q: What does this economic trend measure?
A: The growth rate same period previous year, monthly, measures the year-over-year change in an economic indicator on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the pace and direction of economic growth, which is essential for policymakers, analysts, and businesses to monitor.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on monthly economic indicators.
Q: How is this trend used in economic policy?
A: Policymakers and market participants closely follow this trend to assess the overall health of the economy and inform decision-making.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis by the Federal Reserve with no significant delays or limitations.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (SVKSPASTT01GYM), retrieved from FRED.