Sectoral Output for Retail Trade: Florists (NAICS 453110) in the United States
Percent Change from Year Ago
IPUHN453110T301000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.20
Year-over-Year Change
N/A%
Date Range
1/1/1988 - 1/1/2024
Summary
The Percent Change from Year Ago measures the annual percent change in an economic indicator over a 12-month period. This trend is crucial for analyzing economic growth and inflation patterns.
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
The Percent Change from Year Ago compares the current value of an economic indicator to its value from the same period one year prior. This metric allows economists to identify shifts in the underlying trend by smoothing out seasonal variations.
Methodology
This statistic is calculated by the U.S. Federal Reserve using established national account principles.
Historical Context
Policymakers and analysts closely monitor this metric to inform decisions around monetary policy, fiscal stimulus, and other economic interventions.
Key Facts
- Measures annual percent change in economic indicators.
- Helps identify underlying growth and inflation patterns.
- Used by policymakers to inform economic decisions.
FAQs
Q: What does this economic trend measure?
A: The Percent Change from Year Ago measures the annual percent change in an economic indicator over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: This metric allows economists to identify shifts in the underlying trend by smoothing out seasonal variations, making it crucial for analyzing economic growth and inflation patterns.
Q: How is this data collected or calculated?
A: This statistic is calculated by the U.S. Federal Reserve using established national account principles.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this metric to inform decisions around monetary policy, fiscal stimulus, and other economic interventions.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve, with some delay to ensure accuracy and reliability.
Related Trends
Output per Worker for Retail Trade: Retail Trade (NAICS 44,45) in the United States
IPUHN4445W000000000
Sectoral Output for Retail Trade: Shoe Stores (NAICS 4482) in the United States
IPUHN4482T300000000
Employment for Retail Trade: Home Centers (NAICS 44411) in the United States
IPUHN44411W010000000
Hourly Compensation for Retail Trade: Retail Trade (NAICS 44,45) in the United States
IPUHN4445U121000000
Employment for Retail Trade: Gasoline Stations (NAICS 447) in the United States
IPUHN447W200000000
Labor Productivity for Retail Trade: Nursery, Garden Center, and Farm Supply Stores (NAICS 44422) in the United States
IPUHN44422L001000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUHN453110T301000000), retrieved from FRED.