Hours Worked for Wholesale Trade: Electrical and Electronic Goods Merchant Wholesalers (NAICS 4236) in the United States
Percent Change from Year Ago
IPUGN4236L201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.90
Year-over-Year Change
28.95%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' series measures the year-over-year change in an economic indicator, providing insights into economic growth and trends.
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 calculates the percent change in an economic indicator compared to the same period in the previous year. It is a widely used tool for analyzing economic performance and identifying turning points in the business cycle.
Methodology
The data is calculated by the U.S. Federal Reserve using standard statistical methods.
Historical Context
Policymakers and analysts closely monitor this trend to assess the health of the economy and inform policy decisions.
Key Facts
- The series is published monthly by the U.S. Federal Reserve.
- It is a key metric for assessing the strength and direction of the economy.
- Percent change from year ago data can identify turning points in the business cycle.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' series measures the year-over-year change in an economic indicator, providing insights into economic growth and trends.
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 direction of the economy, as well as identify turning points in the business cycle.
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: Policymakers closely monitor this trend to inform their decisions and assessments of the broader economic environment.
Q: Are there update delays or limitations?
A: The 'Percent Change from Year Ago' series is published monthly by the U.S. Federal Reserve with minimal delays, providing timely insights into economic performance.
Related Trends
Hourly Compensation for Wholesale Trade: Chemical and Allied Products Merchant Wholesalers (NAICS 4246) in the United States
IPUGN4246U120000000
Labor Productivity for Wholesale Trade: Apparel, Piece Goods, and Notions Merchant Wholesalers (NAICS 4243) in the United States
IPUGN4243L001000000
Labor Compensation for Wholesale Trade: Metal and Mineral (Except Petroleum) Merchant Wholesalers (NAICS 4235) in the United States
IPUGN4235L021000000
Real Sectoral Output for Wholesale Trade: Miscellaneous Durable Goods Merchant Wholesalers (NAICS 4239) in the United States
IPUGN4239T011000000
Labor Compensation for Wholesale Trade: Farm Product Raw Material Merchant Wholesalers (NAICS 4245) in the United States
IPUGN4245L020000000
Employment for Wholesale Trade: Professional and Commercial Equipment and Supplies Merchant Wholesalers (NAICS 4234) in the United States
IPUGN4234W200000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUGN4236L201000000), retrieved from FRED.