Growth Rate Same Period Previous Year, Quarterly, Seasonally Adjusted
XTIMVA01O1Q659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.58
Year-over-Year Change
46.98%
Date Range
1/1/2000 - 4/1/2017
Summary
This economic trend measures the year-over-year growth rate of a specific economic indicator on a quarterly, seasonally adjusted basis. It provides insights into the pace and direction of economic changes over time.
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 metric compares the current quarter's value of an economic indicator to the same quarter one year prior. This allows analysts to identify longer-term trends and adjust for seasonal fluctuations in the data.
Methodology
The data is calculated from the original economic indicator series using standard statistical methods.
Historical Context
Policymakers and economists closely monitor this type of year-over-year growth rate to gauge the overall health and trajectory of the economy.
Key Facts
- Measures year-over-year change in a key economic indicator.
- Provides insights into longer-term economic trends.
- Seasonally adjusted to remove regular fluctuations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of a specific economic indicator on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the pace and direction of economic changes over time, which is crucial for policymakers and economists to gauge the overall health and trajectory of the economy.
Q: How is this data collected or calculated?
A: The data is calculated from the original economic indicator series using standard statistical methods.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this type of year-over-year growth rate to assess the health and trajectory of the economy.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and potential revisions of the underlying economic indicator series.
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Citation
U.S. Federal Reserve, Growth Rate Same Period Previous Year, Quarterly, Seasonally Adjusted (XTIMVA01O1Q659S), retrieved from FRED.