Production: Industry: Total Industry Excluding Construction for Germany
Growth rate previous period
PRINTO01DEA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-4.75
Year-over-Year Change
516.93%
Date Range
1/1/1959 - 1/1/2024
Summary
The growth rate previous period measures the percent change in output between the current and previous periods, providing insight into economic production trends.
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 indicator tracks the rate of change in production, revealing whether output is expanding or contracting over time. It is a key metric used by economists and policymakers to assess the health and trajectory of the economy.
Methodology
The data is calculated from production output measures collected by government statistical agencies.
Historical Context
Policymakers monitor this indicator to inform decisions on interest rates, fiscal policies, and other interventions.
Key Facts
- Growth rate previous period measures percent change in output.
- It provides insight into the expansion or contraction of the economy.
- Policymakers use this indicator to guide fiscal and monetary policies.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period measures the percent change in production output between the current and prior periods.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the trajectory of the economy, helping policymakers and analysts assess whether production is expanding or contracting.
Q: How is this data collected or calculated?
A: The data is calculated from production output measures collected by government statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers monitor this indicator to inform decisions on interest rates, fiscal policies, and other interventions aimed at stabilizing and growing the economy.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedules and methodological constraints of the government agencies collecting the underlying production output measures.
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Citation
U.S. Federal Reserve, Growth rate previous period (PRINTO01DEA657S), retrieved from FRED.