Hours Worked for Transportation and Warehousing: Support Activities for Rail Transportation (NAICS 4882) in the United States
Percent Change from Year Ago
IPUIN4882L201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.80
Year-over-Year Change
-73.79%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' series measures the year-over-year change in an economic indicator, providing insight 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 trend calculates the percent change in a variable compared to the same period in the previous year. It is widely used by economists and policymakers to analyze economic trends and detect changes in the business cycle.
Methodology
The data is calculated from the original economic series by the U.S. Federal Reserve.
Historical Context
This metric helps inform monetary and fiscal policy decisions.
Key Facts
- Year-over-year percent changes can reveal turning points in the business cycle.
- Positive values indicate economic expansion, while negative values signal contraction.
- This metric is a leading indicator of overall economic performance.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' series measures the year-over-year change in an economic indicator, providing insight into the pace of economic growth or decline.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists and policymakers to analyze economic trends and detect changes in the business cycle, helping inform monetary and fiscal policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated from the original economic series by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: This metric helps inform monetary and fiscal policy decisions by providing insight into the overall state of the economy.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve with minimal delay, providing timely information for economic analysis and policymaking.
Related Trends
Employment for Transportation and Warehousing: Rail Transportation (NAICS 482) in the United States
IPUIN482W200000000
Hours Worked for Transportation and Warehousing: Scenic and Sightseeing Transportation, Land (NAICS 4871) in the United States
IPUIN4871L200000000
Real Sectoral Output for Transportation and Warehousing: Refrigerated Warehousing and Storage (NAICS 49312) in the United States
IPUIN49312T011000000
Employment for Transportation and Warehousing: General Freight Trucking, Long-Distance (NAICS 48412) in the United States
IPUIN48412W200000000
Contribution of Intermediate Inputs Intensity to Labor Productivity for Transportation and Warehousing: Air Transportation (NAICS 481) in the United States
IPUIN481P070000000
Total Factor Productivity for Transportation and Warehousing: Air Transportation (NAICS 481) in the United States
IPUIN481M000000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUIN4882L201000000), retrieved from FRED.