Employment for Other Services (Except Public Administration): Funeral Homes and Funeral Services (NAICS 812210) in the United States
Percent Change from Year Ago
IPUUN812210W201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.10
Year-over-Year Change
1000.00%
Date Range
1/1/1988 - 1/1/2024
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 industrial 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 metric tracks the change in industrial production relative to the same month in the previous year. It provides insight into the rate of expansion or contraction in the manufacturing, mining, and utilities sectors.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on a comprehensive survey of industrial facilities.
Historical Context
Policymakers and economists closely monitor this indicator to assess the strength of the overall economy.
Key Facts
- The index covers manufacturing, mining, and utilities.
- The percent change is calculated as the current month value divided by the previous year's value.
- The index is a widely followed indicator of overall economic performance.
FAQs
Q: What does this economic trend measure?
A: The Percent Change from Year Ago measures the year-over-year change in industrial production, which encompasses manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the rate of expansion or contraction in key industrial sectors, making it a valuable indicator of broader economic growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on a comprehensive survey of industrial facilities.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this indicator to assess the strength of the overall economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical delay of around one month.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUUN812210W201000000), retrieved from FRED.