Monetary Aggregates and Their Components: Broad Money and Components: M3 for Canada
Growth rate previous period, Annual, Seasonally Adjusted
MABMM301CAA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.61
Year-over-Year Change
-17.95%
Date Range
1/1/1971 - 1/1/2024
Summary
This economic trend measures the annual growth rate of a key macroeconomic indicator, adjusting for seasonal variations. It provides valuable insights into the overall health and direction of the U.S. economy.
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, annual, seasonally adjusted metric tracks the year-over-year change in a major economic variable, accounting for predictable seasonal fluctuations. This allows analysts to identify meaningful trends and shifts in the broader economy.
Methodology
The data is collected through rigorous statistical sampling and modeling by the U.S. Federal Reserve.
Historical Context
Policymakers and market participants closely monitor this indicator to inform decisions and anticipate economic conditions.
Key Facts
- The data is reported on an annual basis.
- Seasonal adjustment removes predictable variations.
- Growth rates can signal economic expansion or contraction.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual growth rate of a key macroeconomic indicator, adjusting for seasonal variations to identify meaningful trends.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into the overall health and direction of the U.S. economy, informing decisions by policymakers and market participants.
Q: How is this data collected or calculated?
A: The data is collected through rigorous statistical sampling and modeling by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and market participants closely monitor this indicator to inform decisions and anticipate economic conditions.
Q: Are there update delays or limitations?
A: The data is reported on an annual basis, with seasonal adjustments to remove predictable variations.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (MABMM301CAA657S), retrieved from FRED.