Employment for Mining: Support Activities for Mining (NAICS 213) in the United States
Percent Change from Year Ago
IPUBN213W201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-4.60
Year-over-Year Change
-143.40%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' economic trend measures the year-over-year change in an economic indicator, providing insight into the pace and direction of economic growth.
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 economic indicator tracks the percent change in a specific economic measure compared to the same period in the previous year. It is a valuable tool for economists and policymakers to analyze economic performance and identify emerging trends.
Methodology
The data is calculated by the U.S. Federal Reserve using monthly or quarterly economic statistics.
Historical Context
This trend is widely used to contextualize economic data and inform policy decisions.
Key Facts
- The year-over-year percent change can reveal turning points in the business cycle.
- This metric is used to adjust for seasonal fluctuations in economic data.
- Percent change from a year ago is a critical input for policymakers monitoring economic conditions.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' trend measures the year-over-year change in an economic indicator, providing insight into the pace and direction of economic growth.
Q: Why is this trend relevant for users or analysts?
A: This trend is a valuable tool for economists and policymakers to analyze economic performance and identify emerging trends, as it helps contextualize economic data and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using monthly or quarterly economic statistics.
Q: How is this trend used in economic policy?
A: The year-over-year percent change is a critical input for policymakers monitoring economic conditions and is widely used to contextualize economic data and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve, with any update delays or limitations depending on the specific economic indicator being measured.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUBN213W201000000), retrieved from FRED.