International Merchandise Trade Statistics: Imports: Commodities for Saudi Arabia
Growth rate same period previous year, Monthly, Seasonally Adjusted
SAUXTIMVA01GYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.55
Year-over-Year Change
16.14%
Date Range
1/1/2015 - 5/1/2025
Summary
This economic trend measures the year-over-year growth rate in total industrial production, which is a key indicator of overall manufacturing and economic 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
The growth rate same period previous year metric tracks changes in total industrial production compared to the same month of the prior year. This provides insight into the pace and direction of the manufacturing sector and broader economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on survey responses from manufacturers.
Historical Context
Policymakers and analysts monitor this indicator to assess the health and trajectory of the U.S. industrial base.
Key Facts
- The highest annual growth rate was 24.2% in April 2021.
- The lowest annual growth rate was -16.5% in April 2020.
- Industrial production accounts for about 20% of the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate in total industrial production, which includes manufacturing, mining, and utilities output.
Q: Why is this trend relevant for users or analysts?
A: The industrial production growth rate is a key indicator of the overall health and direction of the U.S. economy, providing insight into manufacturing activity, business investment, and economic growth.
Q: How is this data collected or calculated?
A: The data is collected by the Federal Reserve through surveys of industrial firms and calculated as the percent change from the same month of the prior year.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this indicator to assess the performance of the manufacturing sector and broader economy, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The industrial production data is released monthly by the Federal Reserve with a typical delay of around 15-20 days after the end of the reference month.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly, Seasonally Adjusted (SAUXTIMVA01GYSAM), retrieved from FRED.