Work Started: Construction: Dwellings and Residential Buildings: Total for Israel
Growth rate previous period, Annual
WSCNDW01ILA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.08
Year-over-Year Change
121.92%
Date Range
1/1/1996 - 1/1/2021
Summary
The Growth Rate Previous Period, Annual metric measures the year-over-year percent change in an economic indicator, providing insights into the pace of economic growth.
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 annual growth rate is a key metric used by economists and policymakers to analyze trends in the broader economy. It helps identify periods of acceleration or deceleration in economic activity.
Methodology
The data is calculated based on the percent change between the current year's value and the previous year's value for the given economic indicator.
Historical Context
Tracking growth rates is crucial for informing monetary and fiscal policy decisions.
Key Facts
- The growth rate can signal periods of economic expansion or contraction.
- Rapid growth may prompt policy actions to manage inflation risks.
- Decelerating growth can trigger stimulus measures to boost the economy.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Annual metric measures the year-over-year percent change in an economic indicator, providing insights into the pace of economic growth.
Q: Why is this trend relevant for users or analysts?
A: Tracking growth rates is crucial for economists and policymakers to analyze trends in the broader economy and inform monetary and fiscal policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated based on the percent change between the current year's value and the previous year's value for the given economic indicator.
Q: How is this trend used in economic policy?
A: Growth rate trends are used to identify periods of economic acceleration or deceleration, which can inform policy actions to manage inflation risks or stimulate the economy.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and limitations of the underlying economic indicator being measured.
Related Trends
Infra-Annual Labor Statistics: Employment Female: 15 Years or over for Israel
LFEMTTFEILM647S
Infra-Annual Labor Statistics: Unemployment Total: From 15 to 74 Years for Israel
LFUN74TTILQ647S
Infra-Annual Labor Statistics: Employment: Economic Activity: Construction: Total for Israel
LFEACNTTILM647N
Consumer Price Index: OECD Groups: Services Less Housing: Total for Israel
ISRCPGRLH01GPQ
Infra-Annual Labor Statistics: Unemployment Female: From 25 to 54 Years for Israel
LFUN25FEILM647N
National Accounts: GDP by Expenditure: Current Prices: Exports of Goods and Services for Israel
ISREXPORTQDSMEI
Citation
U.S. Federal Reserve, Growth rate previous period, Annual (WSCNDW01ILA657S), retrieved from FRED.