monthly_to_quarterly_rule

Back to L2 | Browse all axes | Browse all options

Axis monthly_to_quarterly_rule on sub-layer l2_a (layer l2).

Sub-layer

l2_a

Axis metadata

  • Default: 'quarterly_average'

  • Sweepable: True

  • Status: operational

Operational status summary

  • Operational: 3 option(s)

  • Future: 0 option(s)

Options

quarterly_average – operational

Aggregate to quarterly via mean of the three monthly observations.

Standard NIPA aggregation for stocks / averages.

Configures the monthly_to_quarterly_rule axis on l2_a (layer l2); the quarterly_average value is materialised in the recipe’s fixed_axes block under that sub-layer.

When to use

Default. Stock variables (interest rates, prices, employment levels).

References

  • macroforecast design Part 2, L2: ‘preprocessing is the only layer with a strict A→B→C→D→E execution order; every cell follows the same pipeline.’

Related options: quarterly_endpoint, quarterly_sum

Last reviewed 2026-05-04 by macroforecast author.

quarterly_endpoint – operational

Aggregate via the end-of-quarter observation.

Use for series that snap to a quarter-end (e.g., balance-sheet data).

Configures the monthly_to_quarterly_rule axis on l2_a (layer l2); the quarterly_endpoint value is materialised in the recipe’s fixed_axes block under that sub-layer.

When to use

End-of-period stocks (M2 month-end, balance-sheet series).

References

  • macroforecast design Part 2, L2: ‘preprocessing is the only layer with a strict A→B→C→D→E execution order; every cell follows the same pipeline.’

Related options: quarterly_average, quarterly_sum

Last reviewed 2026-05-04 by macroforecast author.

quarterly_sum – operational

Aggregate via the sum of the three monthly observations.

Standard for flow variables (production, sales, payroll growth).

Configures the monthly_to_quarterly_rule axis on l2_a (layer l2); the quarterly_sum value is materialised in the recipe’s fixed_axes block under that sub-layer.

When to use

Flow variables; cumulative-quantity series.

References

  • macroforecast design Part 2, L2: ‘preprocessing is the only layer with a strict A→B→C→D→E execution order; every cell follows the same pipeline.’

Related options: quarterly_average, quarterly_endpoint

Last reviewed 2026-05-04 by macroforecast author.