Compare the growth in 6 months that will give you a better picture as you will get to know whether the traffic is increased in comparison to last 6 months or not. Also, compare per year wise.

Why was this a dumb question? Most of the time, dumb questions leave page 1 rather quickly so maybe I can learn from the dumbness of my Q

Sorry for the delayed response.

If the growth is constantly increasing that means your website is growing. Check quarterly as well as annually this will give you better picture and help you in understanding better.

Also, you can check from the medium from which are your getting traffic as this way you will get to know if your traffic is increased so this is through which medium.

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In Google analytic s you can customize your filters to display only what you need.

If you can find similar sites to compare to, that would be a good way to evaluate your level of traffic. However, there's always those who break big, and those who wither away. You're going up which is nice, but 7% doesn't look like that impressive to me. If you're running a very small site with weak traffic that's almost in the margin of error. Of course it's completely opposite if you're running a huge site in a saturated niche.

Google Trends might show something useful about the overall trends with your keywords.