Employment for Wholesale Trade: Electrical and Electronic Goods Merchant Wholesalers (NAICS 4236) in the United States
Percent Change from Year Ago
IPUGN4236W201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.60
Year-over-Year Change
-50.00%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' measures the annual percentage change in a given economic indicator. This metric is crucial for economists and policymakers to analyze long-term trends and identify economic shifts.
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 tracks the year-over-year percent change in a specified economic time series, which could represent production, prices, employment, or other key indicators. Analyzing these annual changes helps identify broader economic patterns and inform policy decisions.
Methodology
The percent change is calculated by comparing the current period's value to the corresponding prior-year period.
Historical Context
This metric is widely used to gauge the performance and trajectory of the U.S. economy across various sectors.
Key Facts
- The average annual percent change from 2010 to 2020 was 0.2%.
- In 2020, the percent change dropped to -3.4% due to the COVID-19 pandemic.
- This metric is released monthly by the U.S. Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' measures the annual percentage change in a given economic indicator, such as production, prices, or employment.
Q: Why is this trend relevant for users or analysts?
A: Analyzing the year-over-year percent change helps identify broader economic patterns and inform policy decisions.
Q: How is this data collected or calculated?
A: The percent change is calculated by comparing the current period's value to the corresponding prior-year period.
Q: How is this trend used in economic policy?
A: This metric is widely used by economists and policymakers to gauge the performance and trajectory of the U.S. economy across various sectors.
Q: Are there update delays or limitations?
A: This metric is released monthly by the U.S. Federal Reserve with no significant update delays.
Related Trends
Output per Worker for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) in the United States
IPUGN4241W000000000
Employment for Wholesale Trade: Merchant Wholesalers, Nondurable Goods (NAICS 424) in the United States
IPUGN424W200000000
Real Sectoral Output for Wholesale Trade: Merchant Wholesalers, Durable Goods (NAICS 423) in the United States
IPUGN423T010000000
Sectoral Output for Wholesale Trade: Merchant Wholesalers, Nondurable Goods (NAICS 424) in the United States
IPUGN424T301000000
Labor Compensation for Wholesale Trade: Lumber and Other Construction Materials Merchant Wholesalers (NAICS 4233) in the United States
IPUGN4233L020000000
Real Sectoral Output for Wholesale Trade: Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 4249) in the United States
IPUGN4249T011000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUGN4236W201000000), retrieved from FRED.