Hours Worked for Arts, Entertainment, and Recreation: Bowling Centers (NAICS 71395) in the United States
Percent Change from Year Ago
IPUSN71395L201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.30
Year-over-Year Change
117.24%
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 broader trends and the pace of change.
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 series tracks the percent change in an economic indicator compared to the same period in the previous year. It is a widely used metric that helps analyze economic performance, identify turning points, and assess the strength and direction of economic momentum.
Methodology
The data is calculated by the U.S. Federal Reserve based on the original indicator's values.
Historical Context
Policymakers and analysts closely monitor these year-over-year changes to inform decisions and understand the broader economic landscape.
Key Facts
- The metric is calculated as the percent change between the current value and the value from the same period a year ago.
- Year-over-year changes provide context on the pace and direction of economic activity.
- Monitoring these trends is crucial for policymakers and analysts to assess economic performance.
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 broader trends and the pace of change.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used to analyze economic performance, identify turning points, and assess the strength and direction of economic momentum, making it crucial for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on the original indicator's values.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor these year-over-year changes to inform decisions and understand the broader economic landscape.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve, with any potential delays or limitations dependent on the underlying economic indicator.
Related Trends
Labor Productivity for Arts, Entertainment, and Recreation: Bowling Centers (NAICS 713950) in the United States
IPUSN713950L000000000
Labor Compensation for Arts, Entertainment, and Recreation: Bowling Centers (NAICS 713950) in the United States
IPUSN713950U110000000
Hours Worked for Arts, Entertainment, and Recreation: Amusement and Theme Parks (NAICS 713110) in the United States
IPUSN713110L010000000
Output per Worker for Arts, Entertainment, and Recreation: Golf Courses and Country Clubs (NAICS 713910) in the United States
IPUSN713910W001000000
Hourly Compensation for Arts, Entertainment, and Recreation: Fitness and Recreational Sports Centers (NAICS 71394) in the United States
IPUSN71394U120000000
Labor Compensation for Arts, Entertainment, and Recreation: Bowling Centers (NAICS 71395) in the United States
IPUSN71395U110000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUSN71395L201000000), retrieved from FRED.