Producer Prices Index: Economic Activities: Manufacturing: Total for Sweden
Growth rate same period previous year, Monthly
SWEPIEAMP01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.03
Year-over-Year Change
-251.52%
Date Range
1/1/1983 - 12/1/2020
Summary
The Growth rate same period previous year, Monthly trend measures the year-over-year change in industrial production in the United States. This metric provides insight into the pace of economic activity and is closely monitored by policymakers.
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 monthly industrial production growth rate series compares the current month's output to the same month in the previous year. It is a key indicator of the overall health and momentum of the U.S. economy, as industrial production spans a range of sectors like manufacturing, mining, and utilities.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of industrial facilities.
Historical Context
The industrial production growth rate is a leading economic indicator used by the Federal Reserve and other policymakers to inform monetary and fiscal policies.
Key Facts
- The U.S. industrial production index has a base year of 2017.
- The monthly growth rate can signal changes in consumer demand and business investment.
- Industrial production accounts for around 20% of total U.S. economic output.
FAQs
Q: What does this economic trend measure?
A: The Growth rate same period previous year, Monthly trend measures the year-over-year change in industrial production in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the pace of economic activity and is closely monitored by policymakers to inform monetary and fiscal policies.
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 industrial facilities.
Q: How is this trend used in economic policy?
A: The industrial production growth rate is a leading economic indicator used by the Federal Reserve and other policymakers to inform monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a short delay, and the growth rate can be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (SWEPIEAMP01GYM), retrieved from FRED.