Employment for Transportation and Warehousing: Specialized Freight (Except Used Goods) Trucking, Long-Distance (NAICS 484230) in the United States
Percent Change from Year Ago
IPUIN484230W201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-82.76%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend measures the percent change in the US industrial production index from the same month a year ago. It provides insights into the overall health and direction of the US industrial 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
The percent change from year ago is a widely watched indicator that helps economists assess the pace of industrial activity and inflationary pressures. It is used to analyze economic growth, capacity utilization, and production trends.
Methodology
The data is collected by the Federal Reserve through surveys of industrial facilities.
Historical Context
This metric is closely monitored by policymakers, analysts, and investors to gauge the momentum of the manufacturing economy.
Key Facts
- The index tracks output in manufacturing, mining, and utilities.
- Year-over-year growth indicates the direction of the industrial cycle.
- The data is released monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This metric measures the percent change in the US industrial production index from the same month a year earlier.
Q: Why is this trend relevant for users or analysts?
A: The percent change from year ago is a widely watched indicator that helps assess the pace of industrial activity and inflationary pressures in the US economy.
Q: How is this data collected or calculated?
A: The data is collected by the Federal Reserve through surveys of industrial facilities.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by policymakers, analysts, and investors to gauge the momentum of the manufacturing economy and inform decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve with a typical one-month lag.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUIN484230W201000000), retrieved from FRED.