Production: Manufacturing: Total Manufacturing for Turkey
Growth rate previous period, Annual, Seasonally Adjusted
PRMNTO01TRA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.32
Year-over-Year Change
-107.22%
Date Range
1/1/1959 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted growth rate from the previous period. It provides insights into the pace of economic expansion or contraction over the past year.
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 trend represents the year-over-year change in a key economic indicator, allowing analysts to evaluate the trajectory of the economy. It is a valuable metric for policymakers and investors to assess the health and momentum of the U.S. economy.
Methodology
The data is calculated by the U.S. Federal Reserve based on primary economic indicators.
Historical Context
This trend is closely monitored by economists, financial markets, and policymakers to inform economic decision-making.
Key Facts
- The growth rate is reported on an annual basis.
- Seasonal adjustments account for regular, predictable variations.
- This metric provides insight into the overall pace of economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year change in a key economic indicator, providing insights into the pace of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely monitored by economists, financial markets, and policymakers as it informs economic decision-making and assessment of the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on primary economic indicators.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and financial markets to evaluate the trajectory of the economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a regular basis with minimal delays, providing timely insights into the economic conditions.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (PRMNTO01TRA657S), retrieved from FRED.