Employment for Manufacturing: Computer and Electronic Product Manufacturing (NAICS 334) in the United States
Percent Change from Year Ago
IPUEN334W201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.10
Year-over-Year Change
40.00%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' indicator measures the year-over-year change in an economic variable, providing insights into economic growth and performance.
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 trend tracks the percent change in a variable compared to the same period a year earlier. It is a widely used metric that helps economists and policymakers assess the direction and rate of economic change over time.
Methodology
The data is calculated by the U.S. Federal Reserve using standard statistical methods.
Historical Context
Analysts monitor this metric to gauge the overall health and trajectory of the economy.
Key Facts
- The percent change from year ago can signal economic expansion or contraction.
- This metric is published monthly by the U.S. Federal Reserve.
- Policymakers use the trend to gauge the effectiveness of economic policies.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' indicator measures the year-over-year change in an economic variable, providing insights into the pace of economic growth or decline.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists and policymakers to assess the direction and rate of economic change over time, helping to inform decisions and policies.
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: Analysts and policymakers monitor this metric to gauge the overall health and trajectory of the economy, which can inform policy decisions and economic interventions.
Q: Are there update delays or limitations?
A: The percent change from year ago data is published monthly by the Federal Reserve, with minimal delays in reporting.
Related Trends
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IPUEN31311W000000000
Capital Costs for Manufacturing: Commercial and Service Industry Machinery (NAICS 33331) in the United States
IPUEN33331C020000000
Intermediate Inputs Intensity for Manufacturing: Commercial and Service Industry Machinery (NAICS 3333) in the United States
IPUEN3333P061000000
Unit Labor Costs for Manufacturing: Wood Kitchen Cabinet and Countertop Manufacturing (NAICS 337110) in the United States
IPUEN337110U101000000
Hours Worked for Manufacturing: Other Food Manufacturing (NAICS 3119) in the United States
IPUEN3119L010000000
Combined Inputs for Manufacturing: Foundries (NAICS 3315) in the United States
IPUEN3315M011000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUEN334W201000000), retrieved from FRED.