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Growth rate previous period, Monthly, Seasonally Adjusted
CANODCNPI03GPSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.97
Year-over-Year Change
-127.98%
Date Range
2/1/1948 - 3/1/2025
Summary
This economic indicator measures the growth rate of the previous period on a monthly, seasonally adjusted basis. It provides insight into the pace of economic activity and is closely watched by policymakers and analysts.
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 metric tracks the month-over-month change in an economic variable, adjusted for seasonal fluctuations. This data point is useful for identifying underlying trends and momentum in the economy beyond short-term volatility.
Methodology
The data is collected through surveys and other government statistical programs, then seasonally adjusted to remove predictable variations.
Historical Context
This indicator is frequently referenced in discussions of monetary and fiscal policy decisions.
Key Facts
- The data is published monthly by the U.S. Federal Reserve.
- Growth rate previous period is an important leading indicator of economic conditions.
- This metric is widely used by economists and policymakers to assess the business cycle.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the month-over-month growth rate of an economic variable, adjusted for seasonal factors. It provides insight into the underlying pace of economic activity.
Q: Why is this trend relevant for users or analysts?
A: Growth rate previous period is a closely watched metric that helps economists and policymakers identify turning points in the business cycle and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through government statistical programs and surveys, then seasonally adjusted to remove predictable variations.
Q: How is this trend used in economic policy?
A: Growth rate previous period is a key input for monetary and fiscal policy decisions, as it reflects the underlying momentum of the economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag, providing timely information on economic conditions.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly, Seasonally Adjusted (CANODCNPI03GPSAM), retrieved from FRED.