Monetary Aggregates and Their Components: Broad Money and Components: M3 for Russia
Growth rate same period previous year, Quarterly, Seasonally Adjusted
RUSMABMM301GYSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.22
Year-over-Year Change
82.75%
Date Range
7/1/1996 - 1/1/2023
Summary
This economic trend measures the year-over-year growth rate of real manufacturing output in the United States on a quarterly basis, adjusted for seasonal variations. It provides insight into the manufacturing sector's production and performance over time.
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 same period previous year is a key indicator used by economists and policymakers to analyze the health and trajectory of the U.S. manufacturing industry. It offers a standardized, seasonally adjusted perspective on output changes compared to the prior year's corresponding quarter.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of manufacturing firms.
Historical Context
This metric is widely referenced in assessing economic conditions and informing policy decisions related to the manufacturing sector.
Key Facts
- The series is reported on a quarterly basis.
- Manufacturing accounts for approximately 11% of U.S. GDP.
- Seasonally adjusted data controls for predictable monthly/quarterly variations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of real manufacturing output in the United States on a quarterly basis, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and performance of the U.S. manufacturing sector, which is an important driver of economic growth and a key focus for policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys of manufacturing firms.
Q: How is this trend used in economic policy?
A: This metric is widely referenced by economists and policymakers in assessing economic conditions and informing policy decisions related to the manufacturing sector.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with a lag of several weeks following the end of each quarter.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly, Seasonally Adjusted (RUSMABMM301GYSAQ), retrieved from FRED.