Output per Worker for Other Services (Except Public Administration): Funeral Homes and Funeral Services (NAICS 812210) in the United States
Percent Change from Year Ago
IPUUN812210W001000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.10
Year-over-Year Change
-362.50%
Date Range
1/1/1988 - 1/1/2022
Summary
The 'Percent Change from Year Ago' economic trend measures the year-over-year change in an economic variable, providing insights 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 trend calculates the percent change in a variable compared to the same period one year earlier. It is widely used by economists and policymakers to analyze the direction and speed of economic shifts over time.
Methodology
The data is collected by the U.S. Federal Reserve through surveys and administrative sources.
Historical Context
Tracking year-over-year changes helps inform monetary and fiscal policy decisions.
Key Facts
- The metric is calculated as the percent change between the current period and the same period one year earlier.
- Year-over-year changes help smooth out seasonal fluctuations in the data.
- Positive values indicate economic expansion, while negative values signal contraction.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' trend measures the year-over-year change in an economic variable, providing insights into the pace of economic growth or decline.
Q: Why is this trend relevant for users or analysts?
A: This trend is widely used by economists and policymakers to analyze the direction and speed of economic shifts over time, helping to inform monetary and fiscal policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys and administrative sources.
Q: How is this trend used in economic policy?
A: Tracking year-over-year changes in economic variables helps inform monetary and fiscal policy decisions by providing insights into the pace of economic growth or decline.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness and accuracy of the underlying surveys and administrative sources used by the Federal Reserve.
Related Trends
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Output per Worker for Other Services (Except Public Administration): Linen and Uniform Supply (NAICS 81233) in the United States
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Sectoral Output for Other Services (Except Public Administration): Funeral Homes and Funeral Services (NAICS 812210) in the United States
IPUUN812210T300000000
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Employment for Other Services (Except Public Administration): Civic and Social Organizations (NAICS 813410) in the United States
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUUN812210W001000000), retrieved from FRED.