Output per Worker for Manufacturing: Electroplating, Plating, Polishing, Anodizing and Coloring (NAICS 332813) in the United States
Percent Change from Year Ago
IPUEN332813W001000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-94.25%
Date Range
1/1/1988 - 1/1/2022
Summary
The 'Percent Change from Year Ago' measures the annual rate of change in a given economic indicator. This trend is crucial for economists and policymakers to assess the broader state of the economy and monitor key growth or inflation dynamics.
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 data series calculates the percent change in a selected economic time series compared to the same month or quarter from the previous year. It provides a standardized, year-over-year perspective on economic trends that helps analysts identify stable growth patterns, inflationary pressures, and other meaningful shifts in the economy.
Methodology
The percent change is calculated by taking the current period value, subtracting the value from the same period one year ago, and dividing by the prior year value.
Historical Context
Policymakers and market participants closely follow year-over-year trends to understand the broader economic landscape and make informed decisions.
Key Facts
- Year-over-year data smooths out seasonal variations.
- Percent change is a common metric for evaluating economic performance.
- The time period can range from monthly to annually depending on the data series.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' measures the annual rate of change in a given economic indicator, providing a standardized year-over-year perspective on economic trends.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for economists and policymakers to assess the broader state of the economy and monitor key growth or inflation dynamics.
Q: How is this data collected or calculated?
A: The percent change is calculated by taking the current period value, subtracting the value from the same period one year ago, and dividing by the prior year value.
Q: How is this trend used in economic policy?
A: Policymakers and market participants closely follow year-over-year trends to understand the broader economic landscape and make informed decisions.
Q: Are there update delays or limitations?
A: The update frequency and potential delays can vary depending on the specific economic indicator being measured.
Related Trends
Sectoral Output Price Deflator for Manufacturing: Agriculture, Construction, and Mining Machinery (NAICS 3331) in the United States
IPUEN3331T050000000
Labor Share for Manufacturing: Pharmaceutical and Medicine Manufacturing (NAICS 32541) in the United States
IPUEN32541L030000000
Intermediate Inputs Share for Manufacturing: Railroad Rolling Stock Manufacturing (NAICS 33651) in the United States
IPUEN33651P030000000
Hourly Compensation for Manufacturing: Bakeries and Tortilla Manufacturing (NAICS 3118) in the United States
IPUEN3118U121000000
Intermediate Inputs Intensity for Manufacturing: Hardware Manufacturing (NAICS 332510) in the United States
IPUEN332510P061000000
Employment for Manufacturing: Petroleum Refineries (NAICS 324110) in the United States
IPUEN324110W010000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUEN332813W001000000), retrieved from FRED.