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Growth rate previous period, Monthly

ESTSLRTTO01GPSAM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-2.21

Year-over-Year Change

-766.07%

Date Range

2/1/1998 - 5/1/2025

Summary

The Growth rate previous period, Monthly measures the month-over-month change in a specified economic indicator. It provides insights into the pace of economic growth or decline, which is crucial for 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

This metric calculates the percent change in an economic variable compared to the previous month. It helps identify short-term trends and turning points in the economy, informing decisions around monetary and fiscal policy.

Methodology

The data is calculated based on the original monthly economic indicator time series.

Historical Context

Policymakers and economists closely monitor this growth rate to assess the health and trajectory of the economy.

Key Facts

  • This metric captures the pace of economic change on a month-over-month basis.
  • Positive growth rates indicate an expanding economy, while negative rates signal contraction.
  • The Growth rate previous period is a leading economic indicator used to forecast future trends.

FAQs

Q: What does this economic trend measure?

A: The Growth rate previous period, Monthly measures the percent change in an economic variable compared to the previous month. It provides insights into the short-term pace of economic growth or decline.

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

A: This metric is crucial for policymakers and economists to assess the current state of the economy and inform decisions around monetary and fiscal policy.

Q: How is this data collected or calculated?

A: The data is calculated based on the original monthly economic indicator time series.

Q: How is this trend used in economic policy?

A: Policymakers and analysts closely monitor this growth rate to identify turning points in the business cycle and make informed decisions about economic interventions.

Q: Are there update delays or limitations?

A: The data is released on a monthly basis, with potential lags due to the time required for data collection and processing.

Related Trends

Citation

U.S. Federal Reserve, Growth rate previous period, Monthly (ESTSLRTTO01GPSAM), retrieved from FRED.