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Growth rate same period previous year, Monthly
TURSPASTT01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-10.10
Year-over-Year Change
-111.11%
Date Range
1/1/1989 - 6/1/2025
Summary
The 'Growth rate same period previous year, Monthly' trend measures the year-over-year change in a given economic indicator on a monthly basis. This metric provides important insights into the pace and direction of economic growth.
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 trend represents the annualized percentage change in an economic variable compared to the same month in the previous year. It is widely used by economists, policymakers, and analysts to evaluate the trajectory of the economy and identify emerging trends.
Methodology
The data is calculated by the U.S. Federal Reserve using standard economic formulas.
Historical Context
Monitoring this growth rate trend is crucial for understanding the overall health of the economy and informing policy decisions.
Key Facts
- The trend is calculated on a monthly basis.
- It measures the annualized percentage change from the same month in the previous year.
- The data is sourced from the U.S. Federal Reserve's FRED database.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year change in a given economic indicator on a monthly basis, providing insights into the pace and direction of economic growth.
Q: Why is this trend relevant for users or analysts?
A: Monitoring this growth rate trend is crucial for understanding the overall health of the economy and informing policy decisions by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using standard economic formulas.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, central banks, and other institutions to evaluate the trajectory of the economy and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly by the Federal Reserve, with minimal delays or limitations.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (TURSPASTT01GYM), retrieved from FRED.