Production: Manufacturing: Total Manufacturing for Estonia
Growth rate same period previous year
PRMNTO01EEQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.89
Year-over-Year Change
-75.97%
Date Range
1/1/1999 - 1/1/2025
Summary
The 'Growth rate same period previous year' metric tracks the year-over-year percent change in monthly industrial production, providing insight into the pace of manufacturing activity.
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 metric represents the percent change in industrial production compared to the same month in the previous year. It serves as an important indicator of the manufacturing sector's performance and overall economic health.
Methodology
The data is calculated by the U.S. Federal Reserve based on surveys of industrial facilities.
Historical Context
Policymakers and analysts use this metric to assess the strength of the manufacturing industry and broader economic trends.
Key Facts
- The metric is reported on a monthly basis.
- It covers the U.S. manufacturing, mining, and utilities sectors.
- Positive growth indicates an expanding industrial sector.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year' metric tracks the year-over-year percent change in monthly industrial production, providing insight into the pace of manufacturing activity.
Q: Why is this trend relevant for users or analysts?
A: This metric serves as an important indicator of the manufacturing sector's performance and overall economic health, helping policymakers and analysts assess the strength of the industrial industry.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on surveys of industrial facilities.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the strength of the manufacturing industry and broader economic trends, informing policy decisions and market analysis.
Q: Are there update delays or limitations?
A: The metric is reported on a monthly basis, with some potential for minor delays in data reporting.
Related Trends
Production: Construction: Total for Estonia
PRCNTO01EEQ659S
Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Estonia
ESTFCBODCANUM
Consumer Price Index: Harmonized Prices: All Items: Total for Estonia
ESTCPHPTT01IXEBM
Population ages 65 and above for Estonia
SPPOP65UPTOZSEST
Harmonized Index of Consumer Prices: Overall Index Excluding Energy for Estonia
00XE00EEM086NEST
Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Estonia
LFEM64TTEEA657N
Citation
U.S. Federal Reserve, Growth rate same period previous year (PRMNTO01EEQ659S), retrieved from FRED.