Employment for Construction: Other Heavy and Civil Engineering Construction (NAICS 237990) in the United States
Percent Change from Year Ago
IPUDN237990W201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.60
Year-over-Year Change
194.74%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' metric measures the year-over-year change in an economic indicator, providing insight into growth trends and economic momentum.
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 index tracks the percent change in a given economic variable compared to the same period a year earlier. It is a widely used tool for analyzing changes over time and identifying economic shifts and cycles.
Methodology
The data is calculated by the U.S. Federal Reserve using standard statistical methods.
Historical Context
This trend is closely monitored by policymakers, analysts, and investors to gauge economic performance and inform decision-making.
Key Facts
- The index is calculated as a percent change from the same period a year earlier.
- It is a widely used tool for analyzing economic performance and identifying shifts in growth trends.
- The data is published regularly by the U.S. Federal Reserve as part of its economic monitoring efforts.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' metric measures the year-over-year change in an economic indicator, providing insight into growth trends and economic momentum.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely monitored by policymakers, analysts, and investors to gauge economic performance and inform decision-making.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using standard statistical methods.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the state of the economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve with minimal delays, providing timely insights into economic trends.
Related Trends
Employment for Construction: Other Specialty Trade Contractors (NAICS 2389) in the United States
IPUDN2389W200000000
Hours Worked for Construction: Highway, Street, and Bridge Construction (NAICS 237310) in the United States
IPUDN237310L010000000
Employment for Construction: Highway, Street, and Bridge Construction (NAICS 2373) in the United States
IPUDN2373W200000000
Hours Worked for Construction: Residential Building Construction (NAICS 23611) in the United States
IPUDN23611L010000000
Hours Worked for Construction: Highway, Street, and Bridge Construction (NAICS 23731) in the United States
IPUDN23731L200000000
Employment for Construction: Land Subdivision (NAICS 23721) in the United States
IPUDN23721W200000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUDN237990W201000000), retrieved from FRED.