Sectoral Output Price Deflator for Retail Trade: Vending Machine Operators (NAICS 454210) in the United States
Percent Change from Year Ago
IPUHN454210T051000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.40
Year-over-Year Change
6.25%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' economic trend measures the annual percent change in an economic indicator, providing insight into the pace of economic growth or decline over time.
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 metric is widely used by economists and policymakers to analyze the trajectory of the economy, compare current conditions to the prior year, and evaluate the effectiveness of economic policies.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying economic statistics.
Historical Context
Policymakers and market analysts closely monitor this trend to assess the health of the economy and guide decision-making.
Key Facts
- The percent change from year ago is a widely-used economic metric.
- It helps measure the pace of economic expansion or contraction.
- Policymakers closely monitor this trend to guide 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, providing insight into the pace of economic growth or decline over time.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists and policymakers to analyze the trajectory of the economy, compare current conditions to the prior year, and evaluate the effectiveness of economic policies.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on underlying economic statistics.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this trend to assess the health of the economy and guide decision-making.
Q: Are there update delays or limitations?
A: The Federal Reserve provides timely updates on this metric, though there may be some lags in the underlying data sources.
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Labor Productivity for Retail Trade: Florists (NAICS 453110) in the United States
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUHN454210T051000000), retrieved from FRED.