Growth rate same period previous year
CPHPTT01LUQ659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/1996 - 7/1/2015
Summary
The 'Growth rate same period previous year' metric measures the year-over-year change in an economic indicator. It is a key statistic used by economists to analyze economic trends and inform policy decisions.
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 metric calculates the percentage change in an economic indicator from the current period to the same period in the previous year. It provides insight into the direction and pace of economic activity compared to the prior year, helping to identify emerging patterns and inform forecasting.
Methodology
The data is calculated directly from the underlying economic indicator based on standard statistical methods.
Historical Context
Policymakers and analysts closely monitor this metric to assess the health and trajectory of the economy.
Key Facts
- The metric is calculated as a percentage change.
- It provides insight into the pace of economic activity.
- The data is updated regularly by the U.S. Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This metric measures the year-over-year percentage change in an economic indicator, providing insight into the direction and pace of economic activity.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key statistic used by economists and policymakers to analyze economic conditions and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated directly from the underlying economic indicator using standard statistical methods.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this metric to assess the health and trajectory of the economy, which informs their policy decisions.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Federal Reserve, with minimal delays, providing timely insights into economic trends.
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Citation
U.S. Federal Reserve, Growth rate same period previous year (CPHPTT01LUQ659N), retrieved from FRED.