Sectoral Output Price Deflator for Utilities: Water, Sewage and Other Systems (NAICS 2213) in the United States
Percent Change from Year Ago
IPUCN2213T051000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.20
Year-over-Year Change
-18.75%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' measures the annual change in a selected economic indicator, providing insights into trends and growth over time.
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 measure compares the current value of an economic indicator to its value one year prior, expressed as a percentage change. It is widely used by economists and policymakers to analyze the trajectory of key economic variables.
Methodology
The data is calculated by the U.S. Federal Reserve by comparing the current month's value to the same month in the previous year.
Historical Context
This trend is closely monitored by analysts to assess the overall health and direction of the U.S. economy.
Key Facts
- The percent change from year ago is a widely used metric for evaluating economic performance.
- It can signal inflationary pressures, consumer demand, and other key macroeconomic factors.
- Policymakers closely monitor this trend to inform decisions on interest rates and other policy tools.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' measures the annual change in a selected economic indicator, providing insights into trends and growth over time.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists and policymakers to assess the trajectory of key economic variables and the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve by comparing the current month's value to the same month in the previous year.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this trend to inform decisions on interest rates, inflation targeting, and other policy tools aimed at promoting economic stability and growth.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal delay, providing timely insights into economic conditions.
Related Trends
Unit Labor Costs for Utilities: Natural Gas Distribution (NAICS 2212) in the United States
IPUCN2212U101000000
Hourly Compensation for Utilities: Water, Sewage and Other Systems (NAICS 2213) in the United States
IPUCN2213U120000000
Unit Labor Costs for Utilities: Utilities (NAICS 221) in the United States
IPUCN221U100000000
Hourly Compensation for Utilities: Utilities (NAICS 22) in the United States
IPUCN22U120000000
Real Sectoral Output for Utilities: Natural Gas Distribution (NAICS 221210) in the United States
IPUCN221210T011000000
Hourly Compensation for Utilities: Natural Gas Distribution (NAICS 221210) in the United States
IPUCN221210U120000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUCN2213T051000000), retrieved from FRED.