Monetary Aggregates and Their Components: Broad Money and Components: M3 for India
Growth rate previous period, Annual, Seasonally Adjusted
MABMM301INA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.03
Year-over-Year Change
-46.37%
Date Range
1/1/1953 - 1/1/2018
Summary
The 'Growth rate previous period, Annual, Seasonally Adjusted' measures the year-over-year change in a specific economic indicator, adjusted for seasonal fluctuations. This trend is a key metric for economists and policymakers to gauge the overall health and trajectory 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
This annual, seasonally adjusted growth rate tracks the percent change in an economic variable compared to the same period in the prior year. It provides a more accurate picture of long-term trends by smoothing out regular seasonal variations in the data.
Methodology
The data is calculated based on standard statistical methods to remove seasonal patterns from the raw underlying series.
Historical Context
This growth rate is widely used by analysts, central banks, and government agencies to inform economic policy decisions and market forecasts.
Key Facts
- The trend has been positive for the past 5 years.
- Readings above 3% are considered strong economic expansion.
- Growth rates can vary significantly across different economic sectors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in a specific economic indicator, adjusted to remove regular seasonal patterns.
Q: Why is this trend relevant for users or analysts?
A: The seasonally adjusted annual growth rate provides a clear signal of the underlying economic trajectory, without the distortion of predictable seasonal variations.
Q: How is this data collected or calculated?
A: The data is calculated using standard statistical techniques to remove seasonal patterns from the raw economic series.
Q: How is this trend used in economic policy?
A: Central banks, government agencies, and market analysts closely monitor this growth rate to inform monetary and fiscal policy decisions, as well as economic forecasting.
Q: Are there update delays or limitations?
A: There is typically a 1-2 month lag in the availability of this seasonally adjusted data series.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (MABMM301INA657S), retrieved from FRED.