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Growth rate same period previous year, Monthly

AUTCPGRHO01GYM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4.05

Year-over-Year Change

45.95%

Date Range

1/1/1967 - 12/1/2020

Summary

The growth rate same period previous year, monthly tracks the year-over-year change in a selected economic indicator on a monthly basis. This metric is crucial for economists and policymakers to assess economic performance and identify emerging trends.

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 series measures the percent change in a specific economic indicator compared to the same month in the previous year. It provides valuable insights into the momentum and direction of the economy, enabling analysts to identify patterns and make informed decisions.

Methodology

The data is calculated by the U.S. Federal Reserve based on underlying monthly economic indicators.

Historical Context

This growth rate metric is widely used by economists, investors, and policymakers to inform economic policy and market analysis.

Key Facts

  • The growth rate is calculated as the percent change from the same month in the previous year.
  • This metric helps identify turning points in the economic cycle.
  • Monitoring the growth rate is crucial for assessing the strength and direction of the economy.

FAQs

Q: What does this economic trend measure?

A: This trend measures the year-over-year percent change in a selected economic indicator on a monthly basis, providing insights into the momentum and direction of the economy.

Q: Why is this trend relevant for users or analysts?

A: This growth rate metric is crucial for economists, policymakers, and market participants to assess economic performance, identify emerging trends, and inform decision-making.

Q: How is this data collected or calculated?

A: The data is calculated by the U.S. Federal Reserve based on underlying monthly economic indicators.

Q: How is this trend used in economic policy?

A: The growth rate same period previous year, monthly is widely used by economists and policymakers to monitor the state of the economy and inform economic policy decisions.

Q: Are there update delays or limitations?

A: The data is released on a monthly basis, with a typical delay of a few weeks from the end of the reference period.

Related Trends

Citation

U.S. Federal Reserve, Growth rate same period previous year, Monthly (AUTCPGRHO01GYM), retrieved from FRED.