International Merchandise Trade Statistics: Imports: Commodities for Canada
Growth rate same period previous year, Quarterly, Seasonally Adjusted
XTIMVA01CAQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.10
Year-over-Year Change
-87.06%
Date Range
1/1/1958 - 1/1/2025
Summary
This economic trend measures the year-over-year growth rate of a key macroeconomic variable on a quarterly basis, adjusted for seasonal factors. It provides valuable insights into the trajectory of the economy and is closely monitored by policymakers and analysts.
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, Quarterly, Seasonally Adjusted metric tracks the percentage change in a crucial economic indicator compared to the same quarter in the prior year. This annualized growth rate helps identify emerging trends and evaluate the performance of the economy over time.
Methodology
The data is collected and calculated by the U.S. Federal Reserve using established statistical methods.
Historical Context
This trend is widely used by economists, policymakers, and market participants to inform economic decision-making and policy formulation.
Key Facts
- The data is released on a quarterly basis.
- The metric is seasonally adjusted to account for cyclical patterns.
- Positive growth rates indicate economic expansion, while negative rates signal contraction.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of a key macroeconomic variable on a quarterly basis, with seasonal adjustments to remove the effects of predictable seasonal patterns.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the performance and trajectory of the economy, which is crucial for policymakers, economists, and market participants to make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve using established statistical methods.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, policymakers, and market participants to inform economic decision-making and policy formulation.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical lag of a few weeks after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly, Seasonally Adjusted (XTIMVA01CAQ659S), retrieved from FRED.