Hourly Compensation for Wholesale Trade: Miscellaneous Durable Goods Merchant Wholesalers (NAICS 4239) in the United States
Percent Change from Year Ago
IPUGN4239U121000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' metric tracks the year-over-year change in a specified economic indicator, providing insight 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 data series measures the percent change in a key economic indicator compared to the same period in the previous year. Economists and policymakers use this metric to analyze economic performance and identify emerging trends.
Methodology
The percent change is calculated by the U.S. Federal Reserve based on the raw data for the specified indicator.
Historical Context
This trend is widely referenced in economic analysis and policy decision-making.
Key Facts
- The data is released monthly by the U.S. Federal Reserve.
- Year-over-year percent change is a key metric for analyzing economic performance.
- Positive percent changes indicate economic expansion, while negative changes signal contraction.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percent change in a key economic indicator compared to the same period in the previous year, providing insight into economic growth and performance.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists, policymakers, and market analysts to monitor economic conditions and identify emerging trends.
Q: How is this data collected or calculated?
A: The percent change is calculated by the U.S. Federal Reserve based on the raw data for the specified economic indicator.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this trend to assess the overall health of the economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Federal Reserve, with a typical lag of several weeks from the end of the reference period.
Related Trends
Labor Compensation for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) in the United States
IPUGN4241L020000000
Employment for Wholesale Trade: Apparel, Piece Goods, and Notions Merchant Wholesalers (NAICS 4243) in the United States
IPUGN4243W200000000
Employment for Wholesale Trade: Metal and Mineral (Except Petroleum) Merchant Wholesalers (NAICS 4235) in the United States
IPUGN4235W200000000
Sectoral Output for Wholesale Trade: Grocery and Related Product Wholesalers (NAICS 4244) in the United States
IPUGN4244T301000000
Sectoral Output Price Deflator for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 4251) in the United States
IPUGN4251T050000000
Labor Compensation for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) in the United States
IPUGN4241L021000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUGN4239U121000000), retrieved from FRED.