International Merchandise Trade Statistics: Exports: Commodities for Turkiye
Growth rate previous period, Annual, Seasonally Adjusted
XTEXVA01TRA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.29
Year-over-Year Change
-82.35%
Date Range
1/1/1958 - 1/1/2024
Summary
This economic trend measures the annual growth rate of a macroeconomic variable, adjusted for seasonal factors. 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, annual, seasonally adjusted metric tracks the year-over-year change in a key economic indicator, with seasonal fluctuations removed. It is a widely used statistic for analyzing and forecasting economic performance.
Methodology
The data is calculated from underlying monthly or quarterly time series using standard seasonal adjustment techniques.
Historical Context
Economists and policymakers closely monitor this trend to assess the health and trajectory of the overall economy.
Key Facts
- The growth rate is expressed as a percentage change.
- Seasonal adjustment removes recurring calendar-related fluctuations.
- This metric provides a high-level gauge of economic expansion or contraction.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual growth rate of a key macroeconomic variable, with seasonal factors removed. It provides insight into the underlying pace of economic activity.
Q: Why is this trend relevant for users or analysts?
A: The seasonally adjusted annual growth rate is a widely followed indicator that helps economists, policymakers, and market participants assess the strength and direction of the overall economy.
Q: How is this data collected or calculated?
A: The data is calculated from underlying monthly or quarterly time series using standard seasonal adjustment techniques.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this trend to gauge the health of the economy and inform decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is published regularly, but may be subject to revisions as new information becomes available.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (XTEXVA01TRA657S), retrieved from FRED.