Real Sectoral Output for Retail Trade: Other Gasoline Stations (NAICS 447190) in the United States

Percent Change from Year Ago

IPUHN447190T011000000 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4.80

Year-over-Year Change

-580.00%

Date Range

1/1/1988 - 1/1/2024

Summary

The 'Percent Change from Year Ago' economic trend measures the annual percent change in an economic indicator, providing insights into the pace of economic growth or decline 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 metric compares the current value of an economic indicator to its level one year prior, expressed as a percentage change. It is a widely-used measure for analyzing trends in consumer prices, industrial production, employment, and other key economic statistics.

Methodology

The data is calculated by the U.S. Federal Reserve using standard statistical methods.

Historical Context

Policymakers and analysts closely monitor year-over-year changes to inform decisions and forecasts.

Key Facts

  • The 'Percent Change from Year Ago' is a standardized economic metric.
  • Year-over-year changes reveal momentum in the broader economy.
  • This trend is a key input for policymakers and market analysts.

FAQs

Q: What does this economic trend measure?

A: The 'Percent Change from Year Ago' measures the annual percent change in an economic indicator, such as consumer prices or industrial production.

Q: Why is this trend relevant for users or analysts?

A: This metric provides crucial insights into the pace of economic growth or decline, informing policymaking and market analysis.

Q: How is this data collected or calculated?

A: The data is calculated by the U.S. Federal Reserve using standard statistical methods.

Q: How is this trend used in economic policy?

A: Policymakers and analysts closely monitor year-over-year changes to this and other key economic indicators to inform decisions and forecasts.

Q: Are there update delays or limitations?

A: The data is published regularly by the Federal Reserve with minimal delays, providing timely insights into economic trends.

Related Trends

Citation

U.S. Federal Reserve, Percent Change from Year Ago (IPUHN447190T011000000), retrieved from FRED.