Sales: Retail Trade: Total Retail Trade: Volume for Sweden
Growth rate previous period, Monthly
SWESLRTTO01GPSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.35
Year-over-Year Change
1432.43%
Date Range
2/1/1960 - 9/1/2023
Summary
The growth rate previous period, monthly trend measures the month-over-month change in a specified economic indicator. This metric is closely watched by economists and policymakers to assess the pace and direction of 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 previous period, monthly is a derivative statistic that calculates the percent change in an economic indicator compared to the prior month. It provides a high-frequency signal of economic momentum and is used to identify turning points in the business cycle.
Methodology
This data is calculated by the U.S. Federal Reserve from underlying monthly economic time series.
Historical Context
Policymakers and analysts monitor this metric to gauge the strength and trajectory of the economy.
Key Facts
- The growth rate previous period, monthly is expressed as a percentage change.
- This metric helps identify inflection points and turning trends in economic performance.
- Data is released by the Federal Reserve on a monthly basis.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, monthly trend measures the month-over-month percent change in a specified economic indicator.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a timely signal of economic momentum and is used to identify turning points in the business cycle.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates this statistic from underlying monthly economic time series data.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor the growth rate previous period, monthly to gauge the strength and trajectory of the economy.
Q: Are there update delays or limitations?
A: The data is released by the Federal Reserve on a monthly basis with minimal delay.
Related Trends
Barro-Lee: Population age 25+ with tertiary schooling. Total (Incomplete and Completed Tertiary) for Sweden
BARTERICMP25UPZSSWE
Harmonized Index of Consumer Prices: Gardens, Plants and Flowers for Sweden
CP0933SEM086NEST
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Sweden
PRCNTO01SEQ661N
Harmonized Index of Consumer Prices: Liquid Fuels for Sweden
CP0453SEM086NEST
National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Sweden
NAEXKP07SEQ652S
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Electricity, Gas, Steam, and Air Conditioning Supply for Sweden
SWEPREND401IXOBQ
Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (SWESLRTTO01GPSAM), retrieved from FRED.