Business Applications for Wisconsin
Percent Change from Year Ago
BUSAPPWNSAWIYY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.93
Year-over-Year Change
-94.19%
Date Range
1/6/2007 - 8/2/2025
Summary
The 'Percent Change from Year Ago' metric measures the year-over-year change in the value of a given economic indicator, providing insight into the pace and direction of economic trends.
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 represents the percent change in a key economic statistic compared to the same period one year earlier. It is a widely-used indicator that helps economists and policymakers assess the rate of economic growth or decline over time.
Methodology
The percent change is calculated by comparing the current period's value to the corresponding value from the previous year.
Historical Context
Policymakers and market analysts closely monitor this metric to gauge the health and trajectory of the economy.
Key Facts
- The metric is reported on a monthly basis.
- Year-over-year changes can signal acceleration, deceleration, or stability in economic activity.
- It is a leading indicator used to forecast broader economic trends.
FAQs
Q: What does this economic trend measure?
A: This metric measures the percent change in a key economic statistic compared to the same period one year earlier, providing insight into the pace and direction of economic trends.
Q: Why is this trend relevant for users or analysts?
A: The year-over-year percent change is a widely-used indicator that helps economists and policymakers assess the health and trajectory of the economy.
Q: How is this data collected or calculated?
A: The percent change is calculated by comparing the current period's value to the corresponding value from the previous year.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this metric to gauge the pace of economic growth or decline and inform their decision-making.
Q: Are there update delays or limitations?
A: The metric is reported on a monthly basis with minimal delays, providing timely insights into economic trends.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (BUSAPPWNSAWIYY), retrieved from FRED.