Employment for Retail Trade: Shoe Stores (NAICS 448210) in the United States
Percent Change from Year Ago
IPUHN448210W201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.20
Year-over-Year Change
-390.91%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' tracks the year-over-year change in an economic indicator. This metric is crucial for economists and policymakers to understand trends and assess the health of the U.S. economy.
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 measures the percent change in a given economic indicator compared to the same period a year earlier. It provides valuable insights into the direction and magnitude of economic changes, which informs decision-making by businesses, consumers, and policymakers.
Methodology
The percent change is calculated by comparing the current value of an indicator to its value from the same month or quarter a year prior.
Historical Context
Analysts and policymakers use this trend to evaluate the performance of the U.S. economy and guide their decisions.
Key Facts
- The percent change from a year ago is a widely-used economic metric.
- This trend helps identify periods of growth, stagnation, or decline in the economy.
- Year-over-year comparisons account for seasonal variations in economic data.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' measures the change in an economic indicator compared to the same period a year earlier.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insights into the direction and pace of economic changes, informing decision-making by businesses, consumers, and policymakers.
Q: How is this data collected or calculated?
A: The percent change is calculated by comparing the current value of an indicator to its value from the same month or quarter a year prior.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to evaluate the performance of the U.S. economy and guide their decisions.
Q: Are there update delays or limitations?
A: The timeliness and availability of this data may vary depending on the specific economic indicator being tracked.
Related Trends
Employment for Retail Trade: Grocery Stores (NAICS 4451) in the United States
IPUHN4451W200000000
Real Sectoral Output for Retail Trade: Automotive Parts and Accessories Stores (NAICS 441310) in the United States
IPUHN441310T011000000
Hourly Compensation for Retail Trade: Electronics and Appliance Stores (NAICS 4431) in the United States
IPUHN4431U120000000
Real Sectoral Output for Retail Trade: Specialty Food Stores (NAICS 4452) in the United States
IPUHN4452T010000000
Sectoral Output for Retail Trade: Department Stores (NAICS 452210) in the United States
IPUHN452210T300000000
Labor Productivity for Retail Trade: New Car Dealers (NAICS 441110) in the United States
IPUHN441110L001000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUHN448210W201000000), retrieved from FRED.