Sectoral Output for Wholesale Trade: Professional and Commercial Equipment and Supplies Merchant Wholesalers (NAICS 4234) in the United States
Percent Change from Year Ago
IPUGN4234T301000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.90
Year-over-Year Change
555.56%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' measures the annual rate of change in a specific economic indicator. This metric is widely used by economists and policymakers to analyze trends and inform decision-making.
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 indicator calculates the percent change in a variable compared to the same period a year earlier. It provides insights into the pace and direction of economic growth, allowing analysts to identify patterns and shifts over time.
Methodology
The data is collected directly from government statistical agencies and financial institutions.
Historical Context
Policymakers and market participants closely monitor this metric to assess the overall health and trajectory of the economy.
Key Facts
- The indicator can signal expansionary or recessionary economic conditions.
- Year-over-year comparisons help control for seasonal and other short-term fluctuations.
- Percent change data is published regularly by government statistical agencies.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' measures the annual rate of change in a specific economic indicator, providing insights into the pace and direction of economic growth.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists and policymakers to analyze trends and inform decision-making, as it allows them to identify patterns and shifts in the economy over time.
Q: How is this data collected or calculated?
A: The data is collected directly from government statistical agencies and financial institutions.
Q: How is this trend used in economic policy?
A: Policymakers and market participants closely monitor this metric to assess the overall health and trajectory of the economy, which informs their decisions and strategies.
Q: Are there update delays or limitations?
A: The percent change data is published regularly by government statistical agencies, though there may be some delays in the release of the latest figures.
Related Trends
Real Sectoral Output for Wholesale Trade: Hardware, and Plumbing and Heating Equipment and Supplies Merchant Wholesalers (NAICS 4237) in the United States
IPUGN4237T010000000
Labor Compensation for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 4242) in the United States
IPUGN4242L020000000
Sectoral Output Price Deflator for Wholesale Trade: Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 4249) in the United States
IPUGN4249T051000000
Labor Compensation for Wholesale Trade: Chemical and Allied Products Merchant Wholesalers (NAICS 4246) in the United States
IPUGN4246L020000000
Sectoral Output for Wholesale Trade: Electrical and Electronic Goods Merchant Wholesalers (NAICS 4236) in the United States
IPUGN4236T300000000
Unit Labor Costs for Wholesale Trade: Chemical and Allied Products Merchant Wholesalers (NAICS 4246) in the United States
IPUGN4246U101000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUGN4234T301000000), retrieved from FRED.