Sectoral Output Price Deflator for Wholesale Trade: Metal and Mineral (Except Petroleum) Merchant Wholesalers (NAICS 4235) in the United States
Percent Change from Year Ago
IPUGN4235T051000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.50
Year-over-Year Change
-48.98%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' measures the year-over-year change in a given economic indicator, providing insights into broader economic trends and performance.
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 metric calculates the percent change in an economic variable compared to the same period in the previous year. It is widely used by economists and policymakers to analyze growth, inflation, and other macroeconomic conditions.
Methodology
The data is calculated by the U.S. Federal Reserve using standard statistical methods.
Historical Context
Percent change from year ago is a key indicator monitored by central banks, government agencies, and financial markets.
Key Facts
- The metric is expressed as a percentage change.
- It can be applied to a wide range of economic variables.
- Percent change from year ago signals acceleration or deceleration in economic activity.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' measures the year-over-year change in a given economic indicator, such as output, prices, or employment.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the pace of economic growth or inflation, helping analysts and policymakers assess the overall health and trajectory of the economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using standard statistical methods to compare the current value of an economic indicator to its value from the same period in the previous year.
Q: How is this trend used in economic policy?
A: Percent change from year ago is a key indicator monitored by central banks, government agencies, and financial markets to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is typically released on a monthly or quarterly basis, with some potential for minor revisions over time as more complete information becomes available.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUGN4235T051000000), retrieved from FRED.