Contribution of Intermediate Inputs Intensity to Labor Productivity for Manufacturing: Paint, Coating, and Adhesive Manufacturing (NAICS 3255) in the United States
Percent Change from Year Ago
IPUEN3255P071000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.90
Year-over-Year Change
-733.33%
Date Range
1/1/1988 - 1/1/2022
Summary
The 'Percent Change from Year Ago' trend measures the annual percent change in a selected economic indicator. This metric provides valuable insights into the pace and direction of economic growth or decline.
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 economic trend calculates the year-over-year percent change for a wide variety of macroeconomic data, including industrial production, consumer prices, employment, and more. It helps analysts and policymakers understand broad economic shifts and patterns.
Methodology
The data is derived by calculating the percent change between the current value and the corresponding value from one year prior.
Historical Context
Central banks, government agencies, and market participants closely monitor this trend to inform policy decisions and investment strategies.
Key Facts
- The trend can signal economic expansion or contraction.
- Year-over-year percent changes are less volatile than month-over-month data.
- This metric is widely used to track the business cycle.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' trend calculates the annual percent change in a selected economic indicator, providing insights into the pace and direction of economic growth or decline.
Q: Why is this trend relevant for users or analysts?
A: This trend helps analysts and policymakers understand broad economic shifts and patterns, informing policy decisions and investment strategies.
Q: How is this data collected or calculated?
A: The data is derived by calculating the percent change between the current value and the corresponding value from one year prior.
Q: How is this trend used in economic policy?
A: Central banks, government agencies, and market participants closely monitor this trend to inform policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be some delays in reporting, depending on the source of the underlying economic indicator.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUEN3255P071000000), retrieved from FRED.