Producer Prices Index: Economic Activities: Manufacture of Food Products: Total for Estonia
Growth rate previous period, Quarterly
ESTPIEAFD01GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.23
Year-over-Year Change
10335.05%
Date Range
4/1/1997 - 10/1/2022
Summary
This economic trend measures the quarter-over-quarter growth rate of the Estimated Potential Full Employment Annual Average Growth Rate. It provides insights into the economy's long-term growth potential.
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 Estimated Potential Full Employment Annual Average Growth Rate represents the sustainable rate of real GDP growth consistent with full employment. Analyzing its quarter-over-quarter growth helps policymakers assess the economy's productive capacity and long-term outlook.
Methodology
The data is calculated by the U.S. Federal Reserve based on models of potential GDP and employment.
Historical Context
This trend is used by economists, policymakers, and financial analysts to gauge the underlying strength and trajectory of the U.S. economy.
Key Facts
- The trend reached a high of 1.36% in Q1 2022.
- Growth rates have been volatile since the COVID-19 pandemic.
- Sustained high growth in this metric can signal inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter growth rate of the Estimated Potential Full Employment Annual Average Growth Rate, which represents the sustainable rate of real GDP growth consistent with full employment.
Q: Why is this trend relevant for users or analysts?
A: Analyzing the growth rate of this metric helps policymakers, economists, and analysts assess the economy's long-term growth potential and productive capacity, which is crucial for guiding monetary and fiscal policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on models of potential GDP and employment.
Q: How is this trend used in economic policy?
A: This trend is used by the Federal Reserve and other policymakers to gauge the underlying strength and trajectory of the U.S. economy, which informs decisions around interest rates, inflation targeting, and other macroeconomic policies.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Federal Reserve, with a short delay. There may be revisions to historical data as the models are updated.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (ESTPIEAFD01GPQ), retrieved from FRED.