Output per Worker for Arts, Entertainment, and Recreation: Bowling Centers (NAICS 713950) in the United States
Percent Change from Year Ago
IPUSN713950W001000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
233.33%
Date Range
1/1/1988 - 1/1/2022
Summary
The Percent Change from Year Ago measures the year-over-year change in industrial production. It is a key indicator of economic growth and helps policymakers assess the strength of the manufacturing sector.
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 economic indicator tracks the annual percent change in the Federal Reserve's Industrial Production Index, which measures the real output of the U.S. manufacturing, mining, and electric and gas utility sectors. It is widely used by economists and analysts to gauge the health of the broader economy.
Methodology
The data is calculated based on the Federal Reserve's monthly Industrial Production survey.
Historical Context
Percent Change from Year Ago is closely monitored by the Federal Reserve and other policymakers for its implications on interest rates, employment, and overall economic conditions.
Key Facts
- Industrial production rose 2.5% in the past year.
- Percent Change from Year Ago reached a low of -12.7% during the 2020 recession.
- The manufacturing sector accounts for about 75% of total industrial production.
FAQs
Q: What does this economic trend measure?
A: The Percent Change from Year Ago measures the annual percent change in the Federal Reserve's Industrial Production Index, which tracks the real output of U.S. manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: This indicator is a closely watched barometer of economic health, providing insight into the strength of the manufacturing and industrial sectors. It helps policymakers and analysts assess broader economic conditions and growth prospects.
Q: How is this data collected or calculated?
A: The data is calculated based on the Federal Reserve's monthly Industrial Production survey.
Q: How is this trend used in economic policy?
A: The Percent Change from Year Ago is monitored by the Federal Reserve and other policymakers for its implications on interest rates, employment, and overall economic conditions. It is a key input in policy decisions and forecasting.
Q: Are there update delays or limitations?
A: The data is released by the Federal Reserve on a monthly basis, with a typical lag of around a month from the end of the reference period.
Related Trends
Hourly Compensation for Arts, Entertainment, and Recreation: Bowling Centers (NAICS 713950) in the United States
IPUSN713950U120000000
Sectoral Output for Arts, Entertainment, and Recreation: Amusement and Theme Parks (NAICS 71311) in the United States
IPUSN71311T300000000
Sectoral Output for Arts, Entertainment, and Recreation: Bowling Centers (NAICS 713950) in the United States
IPUSN713950T300000000
Employment for Arts, Entertainment, and Recreation: Bowling Centers (NAICS 71395) in the United States
IPUSN71395W200000000
Hours Worked for Arts, Entertainment, and Recreation: Bowling Centers (NAICS 71395) in the United States
IPUSN71395L010000000
Sectoral Output for Arts, Entertainment, and Recreation: Golf Courses and Country Clubs (NAICS 713910) in the United States
IPUSN713910T301000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUSN713950W001000000), retrieved from FRED.