Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Luxembourg
Contribution to growth rate, over 1 year
LUXCP070000CTGYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.08
Year-over-Year Change
-122.88%
Date Range
1/1/2010 - 4/1/2025
Summary
The 'Contribution to growth rate, over 1 year' metric measures the year-over-year change in the contribution of a given component to overall GDP growth. This trend provides insights into the drivers of economic expansion or contraction.
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 series represents the percentage point contribution of a specific GDP component to the overall year-over-year growth rate. It helps economists and policymakers analyze which sectors or expenditure categories are driving economic performance.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on changes in real GDP components.
Historical Context
Analysts and institutions use this metric to assess the relative importance of different economic factors in the business cycle.
Key Facts
- This metric is reported quarterly by the U.S. Bureau of Economic Analysis.
- A positive contribution indicates the component is supporting GDP growth, while a negative contribution indicates it is detracting from growth.
- The sum of all component contributions equals the overall year-over-year GDP growth rate.
FAQs
Q: What does this economic trend measure?
A: This metric measures the percentage point contribution of a specific GDP component to the overall year-over-year growth rate in real GDP.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the relative importance of different sectors and expenditure categories in driving economic growth or contraction, which is crucial for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on changes in real GDP components.
Q: How is this trend used in economic policy?
A: Analysts and institutions use this metric to assess the drivers of economic performance, which informs policy decisions and market expectations.
Q: Are there update delays or limitations?
A: This metric is reported quarterly by the U.S. Bureau of Economic Analysis, with a typical 1-2 month delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Contribution to growth rate, over 1 year (LUXCP070000CTGYM), retrieved from FRED.