Labor Productivity for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 4251) in the United States
Percent Change from Year Ago
IPUGN4251L001000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.90
Year-over-Year Change
266.67%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' trend measures the year-over-year change in an economic indicator, providing insight into the pace and direction of economic growth.
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 variable to its value from the same period one year prior, expressed as a percentage change. It is widely used by economists and policymakers to analyze economic performance and trends over time.
Methodology
The percent change is calculated by taking the difference between the current and prior year values, divided by the prior year value.
Historical Context
This data can inform decisions around monetary and fiscal policy, as well as business and investment strategies.
Key Facts
- The 'Percent Change from Year Ago' is a widely used metric for analyzing economic trends.
- This indicator can signal acceleration, deceleration, or stagnation in economic activity.
- Percent change data is available for a variety of economic variables, including GDP, industrial production, and consumer prices.
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 the pace and direction of economic growth.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists and policymakers to analyze economic performance and trends over time, informing decisions around monetary and fiscal policy, as well as business and investment strategies.
Q: How is this data collected or calculated?
A: The percent change is calculated by taking the difference between the current and prior year values, divided by the prior year value.
Q: How is this trend used in economic policy?
A: Percent change data can inform decisions around monetary and fiscal policy, as it provides insight into the pace and direction of economic growth.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Federal Reserve, with some potential for minor delays in reporting.
Related Trends
Output per Worker for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) in the United States
IPUGN4241W000000000
Sectoral Output Price Deflator for Wholesale Trade: Merchant Wholesalers, Nondurable Goods (NAICS 424) in the United States
IPUGN424T050000000
Labor Productivity for Wholesale Trade: Metal and Mineral (Except Petroleum) Merchant Wholesalers (NAICS 4235) in the United States
IPUGN4235L000000000
Hourly Compensation for Wholesale Trade: Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers (NAICS 4248) in the United States
IPUGN4248U120000000
Hourly Compensation for Wholesale Trade: Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers (NAICS 4248) in the United States
IPUGN4248U121000000
Sectoral Output Price Deflator for Wholesale Trade: Professional and Commercial Equipment and Supplies Merchant Wholesalers (NAICS 4234) in the United States
IPUGN4234T050000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUGN4251L001000000), retrieved from FRED.