Sectoral Output Price Deflator for Transportation and Warehousing: Postal Service (NAICS 49111) in the United States
Percent Change from Year Ago
IPUIN49111T051000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.10
Year-over-Year Change
272.73%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' trend measures the annual change in an economic indicator, providing insight into the rate of growth or decline over time.
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 is widely used by economists and policymakers to understand broad shifts in the U.S. economy, identify emerging trends, and evaluate the effectiveness of economic policies.
Methodology
The data is calculated by the U.S. Federal Reserve based on monthly economic indicator values.
Historical Context
This trend is a key input for analyzing overall economic performance and making informed decisions.
Key Facts
- The metric can signal whether an economic sector is expanding or contracting.
- Year-over-year comparisons help account for seasonal variations in the data.
- Policymakers monitor this trend to evaluate the impact of their decisions.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' metric measures the annual percentage change in an economic indicator, reflecting the rate of growth or decline over the prior 12 months.
Q: Why is this trend relevant for users or analysts?
A: This trend provides crucial insights into the momentum and direction of the U.S. economy, enabling informed decision-making by policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve calculates this metric based on monthly economic indicator values.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this trend to evaluate the effectiveness of their decisions and make adjustments to support broader economic goals.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve with minimal delays, providing timely insights into the state of the U.S. economy.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUIN49111T051000000), retrieved from FRED.