Hourly Compensation for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 425) in the United States
Percent Change from Year Ago
IPUGN425U121000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.40
Year-over-Year Change
-12.00%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' series measures the year-over-year change in the US industrial production index, a key indicator of economic activity.
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 annual percent change in the Federal Reserve's industrial production index, which tracks the total output of US manufacturing, mining, and utility companies. It is a widely watched metric for gauging the health and trajectory of the broader economy.
Methodology
The data is collected and calculated by the US Federal Reserve based on monthly surveys of industrial facilities.
Historical Context
The 'Percent Change from Year Ago' is used by economists, policymakers, and market analysts to assess macroeconomic conditions and inform decisions.
Key Facts
- The industrial production index covers approximately 75% of total US industrial activity.
- Annual percent changes can signal turning points in the business cycle.
- Manufacturing accounts for the largest share of the industrial production index.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' series measures the year-over-year change in the US industrial production index, a key indicator of economic activity.
Q: Why is this trend relevant for users or analysts?
A: This trend is a widely watched metric for assessing the health and trajectory of the broader US economy, as it reflects the overall production levels of the manufacturing, mining, and utility sectors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the US Federal Reserve based on monthly surveys of industrial facilities.
Q: How is this trend used in economic policy?
A: The 'Percent Change from Year Ago' is used by economists, policymakers, and market analysts to assess macroeconomic conditions and inform decisions.
Q: Are there update delays or limitations?
A: The industrial production index data is released monthly by the Federal Reserve, with a typical lag of around one month.
Related Trends
Labor Compensation for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 4242) in the United States
IPUGN4242L021000000
Output per Worker for Wholesale Trade: Furniture and Home Furnishing Merchant Wholesalers (NAICS 4232) in the United States
IPUGN4232W001000000
Labor Compensation for Wholesale Trade: Electrical and Electronic Goods Merchant Wholesalers (NAICS 4236) in the United States
IPUGN4236L020000000
Labor Productivity for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 4242) in the United States
IPUGN4242L000000000
Sectoral Output Price Deflator for Wholesale Trade: Metal and Mineral (Except Petroleum) Merchant Wholesalers (NAICS 4235) in the United States
IPUGN4235T050000000
Unit Labor Costs for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 42421) in the United States
IPUGN42421U100000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUGN425U121000000), retrieved from FRED.