Real Sectoral Output for Wholesale Trade: Wholesale Trade (NAICS 42) in the United States
Percent Change from Year Ago
IPUGN42T011000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.70
Year-over-Year Change
-22.86%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' metric measures the year-over-year change in an economic indicator, providing insight into the pace of economic growth or decline.
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 time series tracks the percent change in a given economic variable compared to the same period one year prior. It is widely used by economists and policymakers to analyze trends and identify changes in the broader economy.
Methodology
The data is calculated by the U.S. Federal Reserve based on monthly or quarterly economic statistics.
Historical Context
The year-over-year percent change is a key indicator monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- The percent change from a year ago can signal acceleration or deceleration in economic growth.
- Policymakers monitor this metric to assess the pace of recovery or potential overheating in the economy.
- Year-over-year comparisons help control for seasonal variations in economic data.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' metric measures the year-over-year change in an economic indicator, providing insight into the pace of economic growth or decline.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists and policymakers to analyze trends and identify changes in the broader economy, informing economic and monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on monthly or quarterly economic statistics.
Q: How is this trend used in economic policy?
A: The year-over-year percent change is a key indicator monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve, though there may be some delays in reporting due to the nature of economic statistics.
Similar IPUGN42T Trends
Sectoral Output Price Deflator for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 425) in the United States
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Sectoral Output for Wholesale Trade: Wholesale Trade (NAICS 42) in the United States
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Real Sectoral Output for Wholesale Trade: Petroleum and Petroleum Products Merchant Wholesalers (NAICS 4247) in the United States
IPUGN4247T011000000
Output per Worker for Wholesale Trade: Chemical and Allied Products Merchant Wholesalers (NAICS 4246) in the United States
IPUGN4246W001000000
Labor Productivity for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) in the United States
IPUGN4241L000000000
Labor Compensation for Wholesale Trade: Petroleum and Petroleum Products Merchant Wholesalers (NAICS 4247) in the United States
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUGN42T011000000), retrieved from FRED.