Work Started: Construction: Dwellings and Residential Buildings: Total for Sweden
Growth rate same period previous year, Quarterly, Seasonally Adjusted
WSCNDW01SEQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-15.68
Year-over-Year Change
-274.02%
Date Range
1/1/1966 - 10/1/2018
Summary
The growth rate same period previous year, quarterly, and seasonally adjusted is an economic indicator that measures the percentage change in a variable compared to the same quarter of the previous year, adjusted for seasonal factors.
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 metric is used by economists and policymakers to analyze economic performance and trends over time. It provides a year-over-year comparison that accounts for regular seasonal fluctuations, offering a clearer picture of underlying growth or decline.
Methodology
The data is calculated from underlying economic variables and adjusted for seasonal patterns.
Historical Context
This trend is closely monitored by central banks, governments, and market analysts to inform economic and policy decisions.
Key Facts
- The growth rate is calculated as a percentage change.
- Seasonal adjustment removes regular fluctuations.
- This metric provides insight into underlying economic momentum.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the year-over-year percent change in an economic variable, adjusted for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a clear view of underlying economic growth or decline, removing the distorting effects of regular seasonal patterns.
Q: How is this data collected or calculated?
A: The data is calculated from underlying economic variables and adjusted for seasonal patterns.
Q: How is this trend used in economic policy?
A: Central banks, governments, and market analysts closely monitor this trend to inform economic and policy decisions.
Q: Are there update delays or limitations?
A: There may be some delays in data availability and seasonal adjustment may have limitations, so users should check for the most up-to-date information.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly, Seasonally Adjusted (WSCNDW01SEQ659S), retrieved from FRED.