Labor Productivity for Retail Trade: Clothing and Clothing Accessories Stores (NAICS 448) in the United States
Percent Change from Year Ago
IPUHN448L001000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.70
Year-over-Year Change
252.63%
Date Range
1/1/1988 - 1/1/2024
Summary
The Percent Change from Year Ago metric measures the year-over-year change in a given economic indicator, providing insights into the pace of economic growth or decline.
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 trend calculates the percent change between the current value of an economic series and its value from the same period a year earlier. It is a widely used indicator for analyzing economic performance and momentum.
Methodology
The data is calculated by the U.S. Federal Reserve using the underlying economic series.
Historical Context
Percent Change from Year Ago is a key indicator for policymakers, analysts, and businesses to assess the trajectory of the economy.
Key Facts
- The metric is expressed as a percentage change.
- Year-over-year comparisons help smooth out seasonal fluctuations.
- Positive values indicate economic expansion, while negative values signal contraction.
FAQs
Q: What does this economic trend measure?
A: The Percent Change from Year Ago metric measures the year-over-year change in a given economic indicator, providing insights into the pace of economic growth or decline.
Q: Why is this trend relevant for users or analysts?
A: This trend is a widely used indicator for analyzing economic performance and momentum, as it helps identify the direction and rate of change in the economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using the underlying economic series.
Q: How is this trend used in economic policy?
A: Percent Change from Year Ago is a key indicator for policymakers, analysts, and businesses to assess the trajectory of the economy and inform decision-making.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve, with any potential delays or limitations depending on the underlying economic series being measured.
Related Trends
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Hourly Compensation for Retail Trade: Building Material and Garden Equipment and Supplies Dealers (NAICS 444) in the United States
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Real Sectoral Output for Retail Trade: New Car Dealers (NAICS 441110) in the United States
IPUHN441110T010000000
Sectoral Output Price Deflator for Retail Trade: Sporting Goods Stores (NAICS 451110) in the United States
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IPUHN44821U100000000
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUHN448L001000000), retrieved from FRED.