Employment for Transportation and Warehousing: Rail Transportation (NAICS 4821) in the United States
Percent Change from Year Ago
IPUIN4821W201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.50
Year-over-Year Change
36.36%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' measures the year-over-year change in the Industrial Production Index, providing insights into the performance and trajectory of the U.S. manufacturing sector.
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 economic indicator tracks the annual percent change in the Federal Reserve's Industrial Production Index, which measures the real output of the U.S. manufacturing, mining, and electric and gas utility sectors. It is a key gauge of industrial activity and economic health.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on monthly surveys of industrial facilities.
Historical Context
The percent change in industrial production is closely monitored by policymakers, economists, and market analysts for insights into economic growth and inflationary pressures.
Key Facts
- The Industrial Production Index reached a record high in 2022.
- Manufacturing accounts for about 75% of total industrial production.
- The percent change in industrial production is a leading economic indicator.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' measures the annual percentage change in the Federal Reserve's Industrial Production Index, which tracks the real output of the U.S. manufacturing, mining, and utility sectors.
Q: Why is this trend relevant for users or analysts?
A: The percent change in industrial production is a key gauge of economic health and manufacturing activity, providing insights into factors like business investment, consumer demand, and inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on monthly surveys of industrial facilities across the country.
Q: How is this trend used in economic policy?
A: The percent change in industrial production is closely monitored by policymakers, economists, and market analysts to assess the overall state of the economy and inform decisions around monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The industrial production data is published monthly by the Federal Reserve with a typical release lag of around one month.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUIN4821W201000000), retrieved from FRED.