International Merchandise Trade Statistics: Imports: Commodities for Russia
Growth rate same period previous year, Quarterly, Seasonally Adjusted
XTIMVA01RUQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.34
Year-over-Year Change
-113.62%
Date Range
1/1/1992 - 4/1/2025
Summary
This economic trend measures the year-over-year growth rate of total industrial production in the United States on a quarterly, seasonally adjusted basis. It is a key indicator of the overall health and direction of 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 for total industrial production provides insight into the pace of economic activity. It compares the current quarter's production level to the same quarter in the prior year, adjusting for seasonal variations. This metric helps economists and policymakers assess the momentum and trajectory of the manufacturing and industrial sectors.
Methodology
The data is collected by the U.S. Federal Reserve through surveys of industrial and manufacturing firms.
Historical Context
The industrial production growth rate is widely used to inform monetary and fiscal policy decisions.
Key Facts
- U.S. industrial production grew 3.8% year-over-year in Q4 2022.
- The growth rate has averaged 1.4% over the past 10 years.
- Manufacturing accounts for over 75% of total industrial production.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of total industrial production in the United States on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The industrial production growth rate is a key indicator of the overall health and direction of the U.S. economy, providing insight into the momentum and trajectory of the manufacturing and industrial sectors.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of industrial and manufacturing firms.
Q: How is this trend used in economic policy?
A: The industrial production growth rate is widely used to inform monetary and fiscal policy decisions by economists and policymakers.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly, Seasonally Adjusted (XTIMVA01RUQ659S), retrieved from FRED.