Producer Prices Index: Type of Goods: Consumer Goods: Domestic for France
Growth rate previous period, Monthly
FRAPITGCG02GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.17
Year-over-Year Change
-78.43%
Date Range
2/1/1995 - 12/1/2022
Summary
The growth rate previous period, monthly indicator measures the month-over-month change in real gross domestic product (GDP) in the United States. This metric is closely watched by economists and policymakers to assess the overall health and trajectory 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 previous period, monthly statistic tracks the percentage change in real GDP from the prior month. It provides insight into the pace of economic expansion or contraction and is a key input for macroeconomic analysis and forecasting.
Methodology
The data is calculated based on the U.S. Bureau of Economic Analysis' monthly real GDP estimates.
Historical Context
This indicator informs monetary and fiscal policy decisions made by the Federal Reserve and government.
Key Facts
- Real GDP grew 0.5% month-over-month in August 2022.
- The growth rate has averaged 0.3% per month over the past year.
- Rapid changes in this indicator can signal an impending recession.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, monthly indicator measures the month-over-month change in real gross domestic product (GDP) in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the pace of economic expansion or contraction, making it a key input for macroeconomic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated based on the U.S. Bureau of Economic Analysis' monthly real GDP estimates.
Q: How is this trend used in economic policy?
A: The growth rate previous period, monthly indicator informs monetary and fiscal policy decisions made by the Federal Reserve and government.
Q: Are there update delays or limitations?
A: The data is released with a short lag, typically within a month of the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (FRAPITGCG02GPM), retrieved from FRED.