International Merchandise Trade Statistics: Imports: Commodities for Hungary
Growth rate same period previous year, Monthly, Seasonally Adjusted
XTIMVA01HUM659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.86
Year-over-Year Change
-215.31%
Date Range
1/1/1991 - 6/1/2025
Summary
This economic trend measures the year-over-year growth rate of monthly industrial production, adjusted for seasonal variations. It provides insight into the pace of manufacturing and industrial activity in the U.S. economy.
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 is a key indicator of the industrial sector's performance. It compares current industrial production to the same month in the prior year, revealing trends in manufacturing, mining, and utilities output over time.
Methodology
The data is calculated and published monthly by the U.S. Federal Reserve based on surveys of industrial facilities.
Historical Context
This metric is closely watched by economists, policymakers, and market analysts to assess the health and trajectory of the U.S. industrial base.
Key Facts
- Year-over-year growth has averaged 2.4% since 1919.
- The metric reached a record high of 17.1% in 1984.
- Negative growth rates signal economic contractions.
FAQs
Q: What does this economic trend measure?
A: This metric measures the year-over-year percent change in U.S. industrial production, including manufacturing, mining, and utilities, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The growth rate in industrial production is a key barometer of overall economic health and a leading indicator of business cycle trends.
Q: How is this data collected or calculated?
A: The Federal Reserve compiles this data monthly from surveys of industrial facilities across the United States.
Q: How is this trend used in economic policy?
A: Policymakers at the Federal Reserve and other institutions closely monitor this metric to assess the strength of the manufacturing sector and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately 6 weeks. Revisions to previous months' figures may occur as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly, Seasonally Adjusted (XTIMVA01HUM659S), retrieved from FRED.