Output per Worker for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) in the United States
Percent Change from Year Ago
IPUGN4241W001000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.50
Year-over-Year Change
-44.44%
Date Range
1/1/1988 - 1/1/2024
Summary
The Percent Change from Year Ago measures the year-over-year change in an economic indicator, providing insight into long-term trends and growth patterns.
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 compares the current value of an economic series to its value from the same period a year earlier, expressed as a percentage change. It is a common way to analyze and track the progression of economic indicators over time.
Methodology
The data is calculated by the U.S. Federal Reserve using standard statistical techniques.
Historical Context
Economists and policymakers use this trend to assess the health and momentum of the U.S. economy.
Key Facts
- The series was launched in 1967.
- Year-over-year percent changes can signal expansionary or contractionary economic conditions.
- This metric is widely used to track the performance of various economic sectors.
FAQs
Q: What does this economic trend measure?
A: The Percent Change from Year Ago measures the year-over-year change in an economic indicator, providing insight into long-term trends and growth patterns.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists, policymakers, and analysts to assess the health and momentum of the U.S. economy by comparing current economic conditions to the previous year.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using standard statistical techniques.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to monitor the performance of the U.S. economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The Percent Change from Year Ago data is published regularly by the Federal Reserve with minimal delays, providing timely insights into economic trends.
Related Trends
Hours Worked for Wholesale Trade: Petroleum and Petroleum Products Merchant Wholesalers (NAICS 4247) in the United States
IPUGN4247L010000000
Hourly Compensation for Wholesale Trade: Farm Product Raw Material Merchant Wholesalers (NAICS 4245) in the United States
IPUGN4245U120000000
Employment for Wholesale Trade: Merchant Wholesalers, Nondurable Goods (NAICS 424) in the United States
IPUGN424W200000000
Sectoral Output for Wholesale Trade: Machinery, Equipment, and Supplies Merchant Wholesalers (NAICS 4238) in the United States
IPUGN4238T301000000
Sectoral Output Price Deflator for Wholesale Trade: Hardware, and Plumbing and Heating Equipment and Supplies Merchant Wholesalers (NAICS 4237) in the United States
IPUGN4237T050000000
Hours Worked for Wholesale Trade: Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers (NAICS 4231) in the United States
IPUGN4231L010000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUGN4241W001000000), retrieved from FRED.