Sectoral Output Price Deflator for Utilities: Natural Gas Distribution (NAICS 221210) in the United States
Percent Change from Year Ago
IPUCN221210T051000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-10.60
Year-over-Year Change
-32.91%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' metric measures the year-over-year change in a key economic indicator, providing insights into the pace of economic growth or contraction.
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 specific economic variable compared to the same period a year earlier. It is a widely used indicator that helps economists and policymakers assess the direction and momentum of the economy.
Methodology
The data is calculated based on official government statistics and surveys.
Historical Context
This metric is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The percent change from year ago is a lagging indicator of economic performance.
- Positive values indicate expanding economic activity, while negative values signal contraction.
- This metric is widely used to assess the effectiveness of monetary and fiscal policies.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' metric measures the year-over-year change in a key economic indicator, providing insights into the pace of economic growth or contraction.
Q: Why is this trend relevant for users or analysts?
A: This metric is a widely used indicator that helps economists and policymakers assess the direction and momentum of the economy, which is crucial for informing economic policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated based on official government statistics and surveys.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: As a lagging indicator, the 'Percent Change from Year Ago' metric may have a short delay in reflecting the latest economic conditions.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUCN221210T051000000), retrieved from FRED.