Employment for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 424210) in the United States
Percent Change from Year Ago
IPUGN424210W201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.80
Year-over-Year Change
-166.67%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' economic indicator measures the annual change in a key economic metric. It provides valuable insights into the pace of economic growth and is closely watched by policymakers and analysts.
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 trend represents the year-over-year percent change in a specific economic variable, such as industrial production or consumer prices. It is a widely used gauge of economic momentum and a critical input for assessing the overall health of the economy.
Methodology
The data is calculated by the U.S. Federal Reserve based on official economic statistics.
Historical Context
Policymakers and market participants closely monitor this trend to inform decisions and investment strategies.
Key Facts
- The trend is reported on a monthly basis.
- A positive value indicates economic expansion, while a negative value signals contraction.
- The data is seasonally adjusted to account for regular, predictable variations.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' indicator measures the annual change in a key economic variable, such as industrial production or consumer prices.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the pace of economic growth and is closely watched by policymakers, economists, and market participants to assess the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on official economic statistics.
Q: How is this trend used in economic policy?
A: Policymakers and market participants closely monitor this trend to inform decisions and investment strategies.
Q: Are there update delays or limitations?
A: The trend is reported on a monthly basis, with a typical release schedule following the publication of the underlying economic data.
Related Trends
Sectoral Output for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 425) in the United States
IPUGN425T300000000
Employment for Wholesale Trade: Apparel, Piece Goods, and Notions Merchant Wholesalers (NAICS 4243) in the United States
IPUGN4243W200000000
Unit Labor Costs for Wholesale Trade: Farm Product Raw Material Merchant Wholesalers (NAICS 4245) in the United States
IPUGN4245U101000000
Labor Productivity for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 425) in the United States
IPUGN425L000000000
Sectoral Output Price Deflator for Wholesale Trade: Metal and Mineral (Except Petroleum) Merchant Wholesalers (NAICS 4235) in the United States
IPUGN4235T050000000
Hourly Compensation for Wholesale Trade: Wholesale Trade (NAICS 42) in the United States
IPUGN42U121000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUGN424210W201000000), retrieved from FRED.