Employment for Retail Trade: Gasoline Stations (NAICS 447) in the United States
Percent Change from Year Ago
IPUHN447W201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.30
Year-over-Year Change
-78.57%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' tracks the year-over-year change in U.S. industrial production. It is a key indicator of overall economic activity and manufacturing health.
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 industrial production index measures the real output of the manufacturing, mining, and electric and gas utility industries. Economists and policymakers closely monitor changes in this series to assess the strength of the U.S. economy.
Methodology
The data is collected through surveys of industrial facilities and calculated by the U.S. Federal Reserve.
Historical Context
The 'Percent Change from Year Ago' metric helps inform monetary and fiscal policy decisions.
Key Facts
- The index covers approximately 75% of total industrial production.
- The series has been published monthly since 1919.
- Percent changes are calculated from seasonally adjusted index values.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' metric tracks the year-over-year change in the total industrial production index for the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into the overall health and direction of the U.S. economy, particularly the manufacturing and industrial sectors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial facilities and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: The 'Percent Change from Year Ago' metric helps inform monetary and fiscal policy decisions by providing a timely assessment of economic conditions and industrial activity.
Q: Are there update delays or limitations?
A: The industrial production data is published monthly with a typical release lag of about 15 days after the end of the reference month.
Related Trends
Sectoral Output Price Deflator for Retail Trade: Pet and Pet Supplies Stores (NAICS 45391) in the United States
IPUHN45391T050000000
Sectoral Output Price Deflator for Retail Trade: Home Centers (NAICS 44411) in the United States
IPUHN44411T050000000
Hourly Compensation for Retail Trade: Nursery, Garden Center, and Farm Supply Stores (NAICS 444220) in the United States
IPUHN444220U120000000
Employment for Retail Trade: Other Miscellaneous Store Retailers (NAICS 4539) in the United States
IPUHN4539W200000000
Sectoral Output Price Deflator for Retail Trade: Clothing Accessories Stores (NAICS 44815) in the United States
IPUHN44815T050000000
Sectoral Output for Retail Trade: Pet and Pet Supplies Stores (NAICS 45391) in the United States
IPUHN45391T301000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUHN447W201000000), retrieved from FRED.