Output per Worker for Retail Trade: Clothing Stores (NAICS 4481) in the United States
Percent Change from Year Ago
IPUHN4481W001000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.30
Year-over-Year Change
1333.33%
Date Range
1/1/1988 - 1/1/2024
Summary
The Percent Change from Year Ago metric tracks the year-over-year change in an economic indicator, providing insight into broader trends and the pace of change.
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 measure calculates the percent difference between the current value of an indicator and its value one year prior, offering an important perspective on economic momentum and acceleration.
Methodology
The data is calculated directly from the underlying indicator's values.
Historical Context
Policymakers and analysts closely monitor year-over-year changes to assess the strength and trajectory of the economy.
Key Facts
- Year-over-year metrics provide a longer-term view of economic conditions.
- Percent change is a common way to track acceleration or deceleration.
- This data is updated regularly by the U.S. Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Percent Change from Year Ago metric tracks the year-over-year percent change in an economic indicator, providing insight into broader trends and the pace of change in the economy.
Q: Why is this trend relevant for users or analysts?
A: This measure offers an important perspective on economic momentum and acceleration, helping policymakers and analysts assess the strength and trajectory of the economy.
Q: How is this data collected or calculated?
A: The data is calculated directly from the underlying indicator's values by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor year-over-year changes to assess the strength and trajectory of the economy, informing decisions and forecasts.
Q: Are there update delays or limitations?
A: This data is updated regularly by the U.S. Federal Reserve with minimal delays, providing timely insights into economic conditions.
Related Trends
Hours Worked for Retail Trade: Floor Covering Stores (NAICS 44221) in the United States
IPUHN44221L200000000
Unit Labor Costs for Retail Trade: Clothing Accessories Stores (NAICS 448150) in the United States
IPUHN448150U101000000
Output per Worker for Retail Trade: Florists (NAICS 45311) in the United States
IPUHN45311W000000000
Real Sectoral Output for Retail Trade: Other Gasoline Stations (NAICS 447190) in the United States
IPUHN447190T010000000
Hours Worked for Retail Trade: Building Material and Garden Equipment and Supplies Dealers (NAICS 444) in the United States
IPUHN444L200000000
Labor Productivity for Retail Trade: Used Car Dealers (NAICS 441120) in the United States
IPUHN441120L000000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUHN4481W001000000), retrieved from FRED.