Labor Compensation for Retail Trade: Family Clothing Stores (NAICS 44814) in the United States
Percent Change from Year Ago
IPUHN44814L021000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.10
Year-over-Year Change
-179.53%
Date Range
1/1/1988 - 1/1/2021
Summary
The 'Percent Change from Year Ago' measures the annual percent change in an economic indicator, providing insight into long-term growth and trends.
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 series calculates the percent change in a variable compared to the same period a year earlier. It is a widely used metric for analyzing and interpreting economic data, as it helps identify sustained shifts and patterns over time.
Methodology
The percent change is calculated by comparing the current period's value to the value from the same period in the previous year.
Historical Context
Policymakers and analysts closely monitor year-over-year trends to assess the state of the economy and guide policy decisions.
Key Facts
- Year-over-year percent changes can reveal persistent inflation or deflation.
- The metric is used to track long-term changes in consumer prices, GDP, and other key indicators.
- Annual percent changes are less volatile than month-to-month comparisons.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' measures the annual percent change in an economic indicator, providing insight into long-term growth and trends.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used to analyze sustained shifts and patterns in the economy over time, helping policymakers and analysts assess the state of the economy.
Q: How is this data collected or calculated?
A: The percent change is calculated by comparing the current period's value to the value from the same period in the previous year.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor year-over-year trends to guide policy decisions and assess the overall health of the economy.
Q: Are there update delays or limitations?
A: The data is typically released on a monthly or quarterly basis, with potential lags depending on the specific economic indicator being measured.
Related Trends
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IPUHN445310T050000000
Labor Compensation for Retail Trade: Used Car Dealers (NAICS 441120) in the United States
IPUHN441120L020000000
Hourly Compensation for Retail Trade: Electronics and Appliance Stores (NAICS 4431) in the United States
IPUHN4431U120000000
Unit Labor Costs for Retail Trade: Pet and Pet Supplies Stores (NAICS 453910) in the United States
IPUHN453910U101000000
Employment for Retail Trade: Florists (NAICS 453110) in the United States
IPUHN453110W010000000
Hourly Compensation for Retail Trade: Electronics and Appliance Stores (NAICS 4431) in the United States
IPUHN4431U121000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUHN44814L021000000), retrieved from FRED.