Sales: Retail Trade: Total Retail Trade: Volume for Spain
Growth rate same period previous year
SLRTTO01ESA659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.75
Year-over-Year Change
-122.68%
Date Range
1/1/1996 - 1/1/2024
Summary
The growth rate same period previous year measures the year-over-year change in a specified economic indicator. This trend is a key metric for analyzing economic growth and performance.
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
This growth rate represents the percent change in an economic indicator compared to the same period in the previous year. It is widely used by economists, policymakers, and market analysts to assess macroeconomic trends and changes over time.
Methodology
The data is calculated by the U.S. Federal Reserve based on other economic indicators.
Historical Context
This growth rate trend provides important context for interpreting economic policies and market conditions.
Key Facts
- The growth rate can be positive, negative, or zero.
- It helps adjust for seasonal and calendar effects.
- Economists closely monitor this metric for signs of an economic slowdown or expansion.
FAQs
Q: What does this economic trend measure?
A: The growth rate same period previous year measures the percent change in an economic indicator compared to the same period in the prior year.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important context for assessing macroeconomic performance and changes over time, which is crucial for economic policymaking and market analysis.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve calculates this growth rate based on other economic indicators.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this metric to inform decisions around fiscal, monetary, and regulatory policies.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve, but may be subject to revisions or lags in reporting.
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Citation
U.S. Federal Reserve, Growth rate same period previous year (SLRTTO01ESA659S), retrieved from FRED.