Sectoral Output for Retail Trade: Grocery Stores (NAICS 4451) in the United States
Percent Change from Year Ago
IPUHN4451T301000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
-33.33%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' metric tracks the yearly percent change in the US industrial production index, a key indicator of economic activity.
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
The industrial production index measures the real output of US manufacturing, mining, and electric and gas utilities. This trend is closely watched by economists and policymakers to assess the health and momentum of the broader economy.
Methodology
The Federal Reserve collects this data monthly through surveys of industrial facilities.
Historical Context
Policymakers and analysts use this data to inform decisions around monetary policy, economic forecasting, and investment.
Key Facts
- The index covers approximately 75% of total industrial production.
- Year-over-year percent changes provide a clearer signal of long-term trends.
- This metric is released monthly as part of the Federal Reserve's G.17 report.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' tracks the yearly percent change in the US industrial production index, a key indicator of manufacturing, mining, and utilities output.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the overall health and momentum of the US economy, helping inform decisions around monetary policy, investment, and economic forecasting.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data monthly through surveys of industrial facilities across the country.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this data to assess the strength of the industrial sector and broader economic conditions, which informs decisions around monetary policy and other economic interventions.
Q: Are there update delays or limitations?
A: This data is released monthly as part of the Federal Reserve's G.17 industrial production report, with a typical 2-week delay from the end of the reference period.
Related Trends
Sectoral Output Price Deflator for Retail Trade: Food and Beverage Stores (NAICS 445) in the United States
IPUHN445T051000000
Hours Worked for Retail Trade: Food and Beverage Stores (NAICS 445) in the United States
IPUHN445L010000000
Output per Worker for Retail Trade: General Merchandise Stores, Including Warehouse Clubs and Supercenters (NAICS 45231) in the United States
IPUHN45231W001000000
Hours Worked for Retail Trade: Grocery Stores (NAICS 4451) in the United States
IPUHN4451L010000000
Sectoral Output Price Deflator for Retail Trade: Electronics Stores (NAICS 443142) in the United States
IPUHN443142T050000000
Labor Compensation for Retail Trade: Clothing Accessories Stores (NAICS 44815) in the United States
IPUHN44815U110000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUHN4451T301000000), retrieved from FRED.