Employment for Retail Trade: General Merchandise Stores (NAICS 452) in the United States
Percent Change from Year Ago
IPUHN452W201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.50
Year-over-Year Change
-350.00%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' trend measures the year-over-year change in industrial production. It is a key indicator of economic activity and can signal shifts in manufacturing and business cycles.
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 tracks the percent change in U.S. industrial production, including factories, mines, and utilities, compared to the same month one year prior. It is widely used by economists and policymakers to assess the health and momentum of the broader economy.
Methodology
The data is collected by the U.S. Federal Reserve through surveys of industrial facilities.
Historical Context
The percent change in industrial production is closely monitored by the Federal Reserve and can influence interest rate and monetary policy decisions.
Key Facts
- The U.S. industrial production index reached a record high in December 2021.
- Manufacturing accounts for over 75% of total U.S. industrial production.
- The percent change in industrial production can vary widely during economic cycles.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' trend measures the year-over-year change in U.S. industrial production, including factories, mines, and utilities.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of economic activity and can signal shifts in manufacturing and business cycles, making it important for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of industrial facilities.
Q: How is this trend used in economic policy?
A: The percent change in industrial production is closely monitored by the Federal Reserve and can influence interest rate and monetary policy decisions.
Q: Are there update delays or limitations?
A: The industrial production data is released monthly by the Federal Reserve with a typical delay of about a month.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUHN452W201000000), retrieved from FRED.