Sectoral Output Price Deflator for Transportation and Warehousing: Specialized Freight Trucking (NAICS 4842) in the United States

Percent Change from Year Ago

IPUIN4842T051000000 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-1.00

Year-over-Year Change

-171.43%

Date Range

1/1/2003 - 1/1/2024

Summary

The 'Percent Change from Year Ago' metric measures the year-over-year change in an economic indicator, providing insight into the pace and direction of 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 metric calculates the percent change in a given economic indicator compared to the same period a year earlier. It is a widely used tool for analyzing economic trends and identifying shifts in the business cycle.

Methodology

The data is calculated based on the original economic indicator series using standard statistical methods.

Historical Context

Policymakers and analysts rely on this metric to assess the health and trajectory of the broader economy.

Key Facts

  • The metric is expressed as a percentage change.
  • It can signal acceleration, deceleration, or stagnation in economic activity.
  • The data is updated regularly by the U.S. Federal Reserve.

FAQs

Q: What does this economic trend measure?

A: The 'Percent Change from Year Ago' metric measures the year-over-year change in an economic indicator, providing insight into the pace and direction of economic growth.

Q: Why is this trend relevant for users or analysts?

A: This metric is widely used by policymakers, economists, and market analysts to assess the health and trajectory of the broader economy.

Q: How is this data collected or calculated?

A: The data is calculated based on the original economic indicator series using standard statistical methods.

Q: How is this trend used in economic policy?

A: Policymakers rely on this metric to evaluate the effectiveness of their policies and make informed decisions to promote economic stability and growth.

Q: Are there update delays or limitations?

A: The data is updated regularly by the U.S. Federal Reserve, with minimal delays in publication.

Related Trends

Citation

U.S. Federal Reserve, Percent Change from Year Ago (IPUIN4842T051000000), retrieved from FRED.