Employment for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 425) in the United States
Percent Change from Year Ago
IPUGN425W201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.30
Year-over-Year Change
-204.55%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' measures the year-over-year change in a selected economic indicator. This metric is widely used by economists and policymakers to analyze trends and assess the overall health of the economy.
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 represents the percent change in a given economic time series compared to the same period one year prior. It is a common way to evaluate economic performance and remove seasonal effects, providing valuable insights for decision-makers.
Methodology
The percent change from year ago is calculated by taking the current period's value and dividing it by the value from the same period in the previous year, then subtracting 1 and multiplying by 100.
Historical Context
Tracking percent changes over time is critical for monitoring inflation, consumer demand, industrial production, and other key economic indicators.
Key Facts
- Percent change from year ago is a widely used metric for analyzing economic trends.
- The calculation removes seasonal effects to provide a more accurate year-over-year comparison.
- This indicator is closely watched by policymakers, investors, and analysts.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' measures the year-over-year change in a selected economic indicator, such as industrial production or consumer prices.
Q: Why is this trend relevant for users or analysts?
A: Tracking percent changes over time is critical for monitoring key economic performance metrics and informing policy decisions.
Q: How is this data collected or calculated?
A: The percent change from year ago is calculated by dividing the current period's value by the value from the same period in the previous year, then subtracting 1 and multiplying by 100.
Q: How is this trend used in economic policy?
A: Policymakers, central banks, and economists closely monitor percent changes from year ago to assess the overall health of the economy and make informed decisions.
Q: Are there update delays or limitations?
A: The data is typically released on a monthly or quarterly basis, with some potential for minor delays in publication.
Related Trends
Labor Compensation for Wholesale Trade: Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers (NAICS 4231) in the United States
IPUGN4231L020000000
Sectoral Output for Wholesale Trade: Chemical and Allied Products Merchant Wholesalers (NAICS 4246) in the United States
IPUGN4246T300000000
Sectoral Output Price Deflator for Wholesale Trade: Chemical and Allied Products Merchant Wholesalers (NAICS 4246) in the United States
IPUGN4246T050000000
Hours Worked for Wholesale Trade: Grocery and Related Product Wholesalers (NAICS 4244) in the United States
IPUGN4244L010000000
Sectoral Output Price Deflator for Wholesale Trade: Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers (NAICS 4248) in the United States
IPUGN4248T051000000
Output per Worker for Wholesale Trade: Chemical and Allied Products Merchant Wholesalers (NAICS 4246) in the United States
IPUGN4246W001000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUGN425W201000000), retrieved from FRED.