Employment for Retail Trade: Health and Personal Care Stores (NAICS 4461) in the United States
Percent Change from Year Ago
IPUHN4461W201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.40
Year-over-Year Change
N/A%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' trend measures the year-over-year change in the index of industrial production for the manufacturing of motor vehicles and parts. This data provides important insights into the health of the automotive manufacturing sector.
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 'Percent Change from Year Ago' trend tracks the year-on-year percent change in the seasonally adjusted index of industrial production for the manufacturing of motor vehicles and parts. This metric is a key indicator of the automotive industry's output and a bellwether for the broader manufacturing economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve.
Historical Context
This trend is closely monitored by policymakers, economists, and market analysts to gauge the state of the automotive industry and its impacts on the overall economy.
Key Facts
- The index has a base year of 2012 = 100.
- Motor vehicles and parts manufacturing accounts for over 5% of total U.S. industrial production.
- The trend experienced a sharp decline during the 2008-2009 recession.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' trend measures the year-over-year percent change in the index of industrial production for the manufacturing of motor vehicles and parts.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and performance of the automotive manufacturing sector, which is a critical component of the broader U.S. industrial economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts closely monitor this trend to gauge the state of the automotive industry and its impacts on the overall economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical delay of around 6 weeks.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUHN4461W201000000), retrieved from FRED.