Employment for Transportation and Warehousing: Interurban and Rural Bus Transportation (NAICS 48521) in the United States
Percent Change from Year Ago
IPUIN48521W201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.80
Year-over-Year Change
46.15%
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 insights into the pace of economic growth or decline.
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 indicator is widely used by economists and policymakers to analyze the direction and magnitude of economic changes over time. It helps identify emerging trends and assess the overall health of the economy.
Methodology
The data is calculated by the U.S. Federal Reserve as the percent change between the current value and the value from one year prior.
Historical Context
Policymakers monitor this metric to inform decisions on monetary and fiscal policies that can stimulate or moderate economic activity.
Key Facts
- The percent change can be positive, negative, or zero.
- It is calculated as the current value minus the prior year value, divided by the prior year value.
- This metric is a lagging indicator, reflecting economic conditions from the previous year.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' measures the annual percent change in an economic indicator, such as industrial production, consumer prices, or GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the pace of economic growth or decline, helping economists and policymakers assess the overall health of the economy and inform decision-making.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve as the percent change between the current value and the value from one year prior.
Q: How is this trend used in economic policy?
A: Policymakers monitor this metric to inform decisions on monetary and fiscal policies that can stimulate or moderate economic activity, such as adjusting interest rates or government spending.
Q: Are there update delays or limitations?
A: As a lagging indicator, the 'Percent Change from Year Ago' data reflects economic conditions from the previous year and may not capture more recent changes in the economy.
Related Trends
Contribution of Capital Intensity to Labor Productivity for Transportation and Warehousing: Air Transportation (NAICS 481) in the United States
IPUIN481C071000000
Labor Compensation for Transportation and Warehousing: Warehousing and Storage (NAICS 493) in the United States
IPUIN493L020000000
Employment for Transportation and Warehousing: Urban Transit Systems (NAICS 4851) in the United States
IPUIN4851W010000000
Hourly Compensation for Transportation and Warehousing: Warehousing and Storage (NAICS 4931) in the United States
IPUIN4931U121000000
Labor Compensation for Transportation and Warehousing: Postal Service (NAICS 491110) in the United States
IPUIN491110U110000000
Employment for Transportation and Warehousing: Inland Water Transportation (NAICS 48321) in the United States
IPUIN48321W010000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUIN48521W201000000), retrieved from FRED.