Production: Industry: Total Industry Excluding Construction for India
Growth rate same period previous year, Annual
PRINTO01INA659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.35
Year-over-Year Change
-1915.01%
Date Range
1/1/1996 - 1/1/2024
Summary
The 'Growth rate same period previous year, Annual' metric measures the year-over-year change in a specific economic indicator, providing insights into the pace and direction of economic growth.
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 growth rate statistic compares a given economic metric to its value from the same period a year earlier. It is a widely used indicator for analyzing trends in areas like consumer prices, industrial production, and other key economic variables.
Methodology
The data is calculated by the U.S. Federal Reserve based on the underlying economic indicator.
Historical Context
Policymakers and analysts closely monitor this metric to understand the broader trajectory of the economy.
Key Facts
- The metric is expressed as a percentage change.
- It can signal acceleration, deceleration, or stagnation in economic activity.
- Annual growth rates help smooth out seasonal fluctuations in the underlying data.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year, Annual' metric measures the year-over-year change in a specific economic indicator, such as consumer prices or industrial production.
Q: Why is this trend relevant for users or analysts?
A: This annual growth rate statistic is a widely used indicator for analyzing trends and the broader trajectory of the economy, providing insights into the pace and direction of economic growth.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on the underlying economic indicator.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this metric to understand the broader trajectory of the economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is updated periodically by the Federal Reserve, and may be subject to revisions as new information becomes available.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Annual (PRINTO01INA659S), retrieved from FRED.