Sectoral Output Price Deflator for Utilities: Utilities (NAICS 221) in the United States
Percent Change from Year Ago
IPUCN221T051000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.30
Year-over-Year Change
-89.29%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' trend measures the year-over-year change in an economic indicator, providing insights into long-term growth patterns.
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 compares the current value of an indicator to its value from the same period a year earlier, expressed as a percentage change. It is a widely used tool for analyzing economic performance and identifying emerging trends.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying economic indicators.
Historical Context
Policymakers and analysts closely monitor this trend to assess the health and trajectory of the economy.
Key Facts
- The trend is reported on a monthly basis.
- It can be applied to a wide range of economic indicators, from industrial production to consumer prices.
- Positive values indicate growth, while negative values signal contraction.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' trend measures the year-over-year change in an economic indicator, providing insights into long-term growth patterns.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by policymakers, economists, and market analysts to assess the health and trajectory of the economy, as it helps identify emerging trends and growth patterns.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on underlying economic indicators.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this trend to understand the broader economic landscape and inform policy decisions aimed at promoting sustainable growth.
Q: Are there update delays or limitations?
A: The 'Percent Change from Year Ago' trend is reported on a monthly basis, with a typical release schedule that allows for timely analysis of economic performance.
Related Trends
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IPUCN22121W010000000
Labor Compensation for Utilities: Natural Gas Distribution (NAICS 221210) in the United States
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Unit Labor Costs for Utilities: Water, Sewage and Other Systems (NAICS 2213) in the United States
IPUCN2213U100000000
Employment for Utilities: Utilities (NAICS 221) in the United States
IPUCN221W200000000
Unit Labor Costs for Utilities: Utilities (NAICS 22) in the United States
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Sectoral Output for Utilities: Natural Gas Distribution (NAICS 2212) in the United States
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUCN221T051000000), retrieved from FRED.