Growth Rate Same Period Previous Year, Monthly, Seasonally Adjusted
MABMBM01CAM659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.23
Year-over-Year Change
63.94%
Date Range
1/1/1971 - 12/1/2013
Summary
This economic indicator measures the year-over-year growth rate of a key macroeconomic variable on a monthly basis. It provides insight into the pace 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
The Growth Rate Same Period Previous Year, Monthly, Seasonally Adjusted metric tracks the percent change in a key economic variable compared to the same month in the prior year. This helps economists and policymakers assess the direction and momentum of economic trends.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on standard statistical methods.
Historical Context
This growth rate indicator is widely used to analyze economic conditions and inform policy decisions.
Key Facts
- The data is reported on a monthly basis.
- Growth rates can be positive or negative, indicating expansion or contraction.
- Seasonal adjustment removes recurring monthly patterns.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the year-over-year percent change in a key macroeconomic variable on a monthly basis, providing insight into the pace of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: This growth rate metric is widely 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 collected and calculated by the U.S. Federal Reserve based on standard statistical methods.
Q: How is this trend used in economic policy?
A: This growth rate indicator is a valuable input for assessing the direction and momentum of the economy, which informs policy decisions by governments and central banks.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with some delay relative to the current period due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Growth Rate Same Period Previous Year, Monthly, Seasonally Adjusted (MABMBM01CAM659S), retrieved from FRED.