Work Started: Construction: Dwellings and Residential Buildings: Total for Israel
Growth rate previous period, Monthly
ISRWSCNDW01GPSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-11.00
Year-over-Year Change
-260.53%
Date Range
2/1/1995 - 6/1/2022
Summary
This economic trend measures the monthly growth rate of the previous period's value. It provides insights into the pace of change in economic indicators over time, 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
The growth rate previous period, monthly statistic represents the percent change between the current period's value and the previous period's value. This metric is widely used to analyze trends and identify turning points in various economic time series.
Methodology
The data is calculated based on the percent change between consecutive monthly values.
Historical Context
This trend is closely monitored by economists, financial analysts, and policymakers to assess the underlying dynamics of the economy.
Key Facts
- The growth rate can be positive or negative, indicating expansion or contraction.
- This metric is seasonally adjusted to remove regular, predictable variations.
- It is a leading indicator used to forecast future economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly percent change between the current period's value and the previous period's value for an economic indicator.
Q: Why is this trend relevant for users or analysts?
A: The growth rate previous period is a crucial metric for understanding the dynamics and direction of the economy, which informs decision-making by policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is calculated based on the percent change between consecutive monthly values of the underlying economic indicator.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to assess the pace of economic expansion or contraction, which informs decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is typically released with a short lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (ISRWSCNDW01GPSAM), retrieved from FRED.