Business Applications with Planned Wages for Montana
Percent Change from Year Ago
WBUSAPPWNSAMTYY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-25.00
Year-over-Year Change
-200.00%
Date Range
1/6/2007 - 8/2/2025
Summary
The Percent Change from Year Ago trend measures the year-over-year change in personal consumption expenditures. This key economic indicator provides insights into consumer spending patterns and inflationary pressures.
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
The Percent Change from Year Ago tracks the annual rate of change in personal consumption expenditures, a broad measure of consumer spending on goods and services. This trend is widely used by economists and policymakers to analyze the strength of consumer demand and its impact on overall economic growth.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of consumer spending.
Historical Context
Monitoring changes in personal consumption expenditures helps inform monetary and fiscal policy decisions.
Key Facts
- The Percent Change from Year Ago reached a high of 19.3% in April 2021.
- Consumer spending accounts for approximately 70% of U.S. economic activity.
- Sustained high levels of consumer spending can contribute to inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: The Percent Change from Year Ago measures the annual rate of change in personal consumption expenditures, which includes spending on goods and services by U.S. consumers.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the strength of consumer demand, which is a crucial driver of overall economic growth. It helps economists and policymakers assess inflationary pressures and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of consumer spending.
Q: How is this trend used in economic policy?
A: Monitoring changes in personal consumption expenditures helps inform monetary and fiscal policy decisions, as consumer spending is a key component of economic growth and inflationary pressures.
Q: Are there update delays or limitations?
A: The Percent Change from Year Ago data is released monthly by the U.S. Bureau of Economic Analysis, with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (WBUSAPPWNSAMTYY), retrieved from FRED.