Employment for Other Services (Except Public Administration): Civic and Social Organizations (NAICS 813410) in the United States
Percent Change from Year Ago
IPUUN813410W201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
1566.67%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' economic indicator measures the annual rate of change in a specified time series. It provides insight into economic growth, inflation, and industry performance over a 12-month period.
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 calculates the percent change between the current value of a time series and its value from the same period one year prior. It is widely used by economists, policymakers, and market analysts to assess trends in production, prices, and other economic variables.
Methodology
The percent change is calculated as the difference between the current and year-ago values, divided by the year-ago value.
Historical Context
The annual percent change is a key input for monetary and fiscal policy decisions.
Key Facts
- The percent change can be positive or negative, indicating expansion or contraction.
- Annual percent changes are less volatile than month-over-month changes.
- This metric is calculated for many economic time series, including GDP, employment, and prices.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' indicator measures the annual rate of change in a specified economic time series, providing insight into growth, inflation, and industry performance.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists, policymakers, and market analysts to assess economic and industry trends over a 12-month period, which is a key input for policy decisions.
Q: How is this data collected or calculated?
A: The percent change is calculated as the difference between the current and year-ago values, divided by the year-ago value.
Q: How is this trend used in economic policy?
A: The annual percent change is a key input for monetary and fiscal policy decisions, as it provides insight into economic growth, inflation, and industry performance.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule, but there may be some update delays depending on the source time series.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUUN813410W201000000), retrieved from FRED.