Output per Worker for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 425) in the United States
Percent Change from Year Ago
IPUGN425W001000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.50
Year-over-Year Change
441.67%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' measures the annual percent change in an economic indicator, providing insights into trends and growth rates.
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 calculates the percent change in a variable compared to the same period a year earlier, helping economists and policymakers analyze economic performance and identify emerging patterns.
Methodology
The percent change is calculated as the current value minus the prior year's value, divided by the prior year's value.
Historical Context
Policymakers and market analysts closely monitor percent changes to gauge the strength and direction of the economy.
Key Facts
- Percent changes are a widely used metric for analyzing economic performance.
- The year-over-year framework helps smooth out seasonal and short-term fluctuations.
- This indicator is a leading input for GDP growth, inflation, and other key economic measures.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' measures the annual percent change in an economic indicator, providing insights into trends and growth rates.
Q: Why is this trend relevant for users or analysts?
A: This metric helps economists and policymakers analyze economic performance and identify emerging patterns by calculating the percent change compared to the same period a year earlier.
Q: How is this data collected or calculated?
A: The percent change is calculated as the current value minus the prior year's value, divided by the prior year's value.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor percent changes to gauge the strength and direction of the economy, which informs decision-making and forecasting.
Q: Are there update delays or limitations?
A: The data for this indicator is typically released on a monthly or quarterly basis, with any update delays or limitations depending on the source.
Related Trends
Labor Compensation for Wholesale Trade: Professional and Commercial Equipment and Supplies Merchant Wholesalers (NAICS 4234) in the United States
IPUGN4234L021000000
Labor Compensation for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 424210) in the United States
IPUGN424210L020000000
Hours Worked for Wholesale Trade: Furniture and Home Furnishing Merchant Wholesalers (NAICS 4232) in the United States
IPUGN4232L010000000
Employment for Wholesale Trade: Petroleum and Petroleum Products Merchant Wholesalers (NAICS 4247) in the United States
IPUGN4247W200000000
Labor Compensation for Wholesale Trade: Electrical and Electronic Goods Merchant Wholesalers (NAICS 4236) in the United States
IPUGN4236L020000000
Labor Productivity for Wholesale Trade: Merchant Wholesalers, Durable Goods (NAICS 423) in the United States
IPUGN423L001000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUGN425W001000000), retrieved from FRED.