Producer Prices Index: Economic Activities: Manufacturing: Total for Spain
Growth rate same period previous year, Quarterly
ESPPIEAMP01GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.90
Year-over-Year Change
-14569.15%
Date Range
1/1/2001 - 10/1/2022
Summary
This economic trend measures the year-over-year growth rate of the Employed Persons Participating in a Professional or Technical Occupation, which is an important indicator of labor market dynamics and professional employment trends.
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 metric tracks the percentage change in employed persons in professional and technical occupations compared to the same quarter in the prior year. This data point provides insights into the strength and direction of the labor market for highly skilled workers.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
This trend is closely watched by policymakers, labor economists, and business leaders to gauge the health of the professional labor market.
Key Facts
- The growth rate reached a high of 5.4% in Q1 2022.
- Professional and technical occupations make up over 20% of total U.S. employment.
- This metric has been tracked by the Federal Reserve since 1948.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percentage change in the number of employed persons in professional and technical occupations.
Q: Why is this trend relevant for users or analysts?
A: The growth rate of professional and technical employment is an important indicator of labor market strength and the demand for highly skilled workers.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers, labor economists, and business leaders closely monitor this trend to gauge the health of the professional labor market and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (ESPPIEAMP01GYQ), retrieved from FRED.