Real Sectoral Output for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 4251) in the United States
Percent Change from Year Ago
IPUGN4251T011000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.10
Year-over-Year Change
20.59%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' economic trend measures the annual percent change in a specific economic indicator. This metric provides important insights into the pace and direction of economic growth over time.
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 trend calculates the percent change in a data series compared to the same period one year earlier. It is a widely-used metric for analyzing economic performance and identifying turning points in the business cycle.
Methodology
The percent change is calculated by taking the current period's value, subtracting the year-ago value, and dividing by the year-ago value.
Historical Context
Policymakers and analysts closely monitor this trend to assess the health of the economy and inform economic and monetary policy decisions.
Key Facts
- Measures annual percent change in economic data.
- Widely used to analyze economic performance and cycles.
- Helps inform policy decisions by policymakers and analysts.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual percent change in a specific economic indicator, providing insights into the pace and direction of economic growth over time.
Q: Why is this trend relevant for users or analysts?
A: The percent change from year ago is a widely-used metric for analyzing economic performance and identifying turning points in the business cycle, making it highly relevant for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The percent change is calculated by taking the current period's value, subtracting the year-ago value, and dividing by the year-ago value.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to assess the health of the economy and inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data for this trend is updated regularly by the Federal Reserve, with minimal delays, making it a timely and reliable indicator of economic conditions.
Related Trends
Labor Compensation for Wholesale Trade: Grocery and Related Product Wholesalers (NAICS 4244) in the United States
IPUGN4244L020000000
Sectoral Output Price Deflator for Wholesale Trade: Merchant Wholesalers, Nondurable Goods (NAICS 424) in the United States
IPUGN424T050000000
Hourly Compensation for Wholesale Trade: Lumber and Other Construction Materials Merchant Wholesalers (NAICS 4233) in the United States
IPUGN4233U121000000
Employment for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 4242) in the United States
IPUGN4242W010000000
Labor Productivity for Wholesale Trade: Metal and Mineral (Except Petroleum) Merchant Wholesalers (NAICS 4235) in the United States
IPUGN4235L000000000
Output per Worker for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 4242) in the United States
IPUGN4242W000000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUGN4251T011000000), retrieved from FRED.