Labor Compensation for Retail Trade: Men's Clothing Stores (NAICS 448110) in the United States

Percent Change from Year Ago

IPUHN448110L021000000 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

10.10

Year-over-Year Change

-212.22%

Date Range

1/1/1988 - 1/1/2021

Summary

The Percent Change from Year Ago metric measures the year-over-year change in a selected economic indicator. This provides valuable insights into the pace and direction of economic growth.

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 data series tracks the percent change in a specific economic indicator compared to the same month or quarter of the previous year. It is a widely used metric that helps analysts and policymakers understand broader economic trends and patterns.

Methodology

The data is calculated by the U.S. Federal Reserve based on the underlying economic indicator.

Historical Context

Percent change from a year ago is a key statistic monitored by economists, investors, and policymakers to gauge the health and trajectory of the economy.

Key Facts

  • Percent change from a year ago is a widely tracked economic statistic.
  • This metric provides insight into the pace and direction of economic growth.
  • The data is calculated by the U.S. Federal Reserve.

FAQs

Q: What does this economic trend measure?

A: The Percent Change from Year Ago metric measures the year-over-year change in a selected economic indicator, providing insights into the broader economic trends and patterns.

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

A: This metric is closely monitored by economists, investors, and policymakers to gauge the health and trajectory of the economy, making it a valuable tool for economic analysis and decision-making.

Q: How is this data collected or calculated?

A: The data is calculated by the U.S. Federal Reserve based on the underlying economic indicator.

Q: How is this trend used in economic policy?

A: Percent change from a year ago is a key statistic used by policymakers, central banks, and other economic institutions to assess the state of the economy and inform policy decisions.

Q: Are there update delays or limitations?

A: The data is published regularly by the U.S. Federal Reserve, with potential for slight delays depending on the availability of the underlying economic indicator.

Related Trends

Citation

U.S. Federal Reserve, Percent Change from Year Ago (IPUHN448110L021000000), retrieved from FRED.