Output per Worker for Wholesale Trade: Metal and Mineral (Except Petroleum) Merchant Wholesalers (NAICS 4235) in the United States
Percent Change from Year Ago
IPUGN4235W001000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-10.00
Year-over-Year Change
-338.10%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' metric measures the annual percent change in an economic indicator, providing insights into long-term trends and economic 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 compares the current value of an economic indicator to its value from one year prior, expressing the change as a percentage. It is widely used by economists and policymakers to analyze growth, inflation, and other macroeconomic conditions.
Methodology
The percent change is calculated by the U.S. Federal Reserve as the year-over-year percent difference in a given economic indicator's value.
Historical Context
Tracking percent changes over time is critical for understanding the trajectory of the economy and informing fiscal and monetary policy decisions.
Key Facts
- The metric compares current and prior-year values.
- It is widely used to analyze long-term economic trends.
- Percent change data is published monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' metric measures the annual percent change in an economic indicator, providing insights into long-term trends and economic performance.
Q: Why is this trend relevant for users or analysts?
A: Tracking percent changes over time is critical for understanding the trajectory of the economy and informing fiscal and monetary policy decisions.
Q: How is this data collected or calculated?
A: The percent change is calculated by the U.S. Federal Reserve as the year-over-year percent difference in a given economic indicator's value.
Q: How is this trend used in economic policy?
A: Percent change data is widely used by economists and policymakers to analyze growth, inflation, and other macroeconomic conditions, informing fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The percent change data is published monthly by the Federal Reserve, providing timely insights into economic trends.
Related Trends
Output per Worker for Wholesale Trade: Merchant Wholesalers, Nondurable Goods (NAICS 424) in the United States
IPUGN424W001000000
Hourly Compensation for Wholesale Trade: Chemical and Allied Products Merchant Wholesalers (NAICS 4246) in the United States
IPUGN4246U121000000
Output per Worker for Wholesale Trade: Miscellaneous Durable Goods Merchant Wholesalers (NAICS 4239) in the United States
IPUGN4239W000000000
Sectoral Output Price Deflator for Wholesale Trade: Electrical and Electronic Goods Merchant Wholesalers (NAICS 4236) in the United States
IPUGN4236T050000000
Unit Labor Costs for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 42421) in the United States
IPUGN42421U100000000
Employment for Wholesale Trade: Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers (NAICS 4231) in the United States
IPUGN4231W200000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUGN4235W001000000), retrieved from FRED.