Output per Worker for Retail Trade: Electronic Shopping and Mail-Order Houses (NAICS 45411) in the United States
Percent Change from Year Ago
IPUHN45411W001000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.90
Year-over-Year Change
358.97%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' economic trend measures the year-over-year change in U.S. industrial production, providing insights into manufacturing and economic growth.
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 key economic indicator tracks the annual percent change in total industrial production, which includes manufacturing, mining, and utilities output. It is a widely-monitored metric used by economists and policymakers to assess the overall health and trajectory of the U.S. economy.
Methodology
The Federal Reserve collects and calculates this data monthly based on surveys of industrial facilities.
Historical Context
Policymakers and market analysts closely follow this indicator to inform decisions around monetary policy, investment, and economic forecasting.
Key Facts
- Industrial production accounts for about 20% of the U.S. economy.
- The U.S. industrial sector was hit hard during the COVID-19 pandemic.
- Year-over-year industrial output changes signal shifts in manufacturing activity.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' measures the annual percent change in total U.S. industrial production, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into the overall health and direction of the U.S. economy, helping inform decisions around monetary policy, investment, and economic forecasting.
Q: How is this data collected or calculated?
A: The Federal Reserve collects and calculates this data monthly based on surveys of industrial facilities across the country.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this indicator to gauge manufacturing activity and broader economic growth, which informs decisions around monetary policy and investment.
Q: Are there update delays or limitations?
A: The Federal Reserve releases this data on a monthly basis, with a typical 2-3 week delay from the end of the reference period.
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IPUHN443142T011000000
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IPUHN45231W001000000
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IPUHN45391T011000000
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUHN45411W001000000), retrieved from FRED.