Sectoral Output for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 4251) in the United States
Percent Change from Year Ago
IPUGN4251T301000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
-57.45%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' trend measures the year-over-year change in an economic indicator, providing insights into long-term growth patterns.
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 variable to its value from the same period a year earlier, expressed as a percentage change. It is a widely used indicator for analyzing sustained trends and cyclical movements in the economy.
Methodology
The data is calculated based on the formula: (Current Value - Prior Year Value) / Prior Year Value.
Historical Context
Economists and policymakers closely monitor this trend to gauge the overall health and trajectory of the economy.
Key Facts
- The trend is expressed as a percentage change.
- It compares the current value to the prior year's value.
- The data is updated regularly by the U.S. Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in an economic indicator, providing insights into long-term growth patterns and cyclical movements.
Q: Why is this trend relevant for users or analysts?
A: This trend is widely used by economists and policymakers to gauge the overall health and trajectory of the economy.
Q: How is this data collected or calculated?
A: The data is calculated based on the formula: (Current Value - Prior Year Value) / Prior Year Value.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this trend to assess the economy's performance and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Federal Reserve, with minimal delays.
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Unit Labor Costs for Wholesale Trade: Lumber and Other Construction Materials Merchant Wholesalers (NAICS 4233) in the United States
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IPUGN4246T300000000
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IPUGN4239W001000000
Hourly Compensation for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 4251) in the United States
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUGN4251T301000000), retrieved from FRED.