Sectoral Output Price Deflator for Transportation and Warehousing: Postal Service (NAICS 491) in the United States
Percent Change from Year Ago
IPUIN491T051000000 • 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 year-over-year change in an economic indicator. It provides insights into the pace of economic 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 calculates the percent change in a given economic indicator compared to the same period a year earlier. It is a widely used measure for analyzing economic performance and trends across various sectors.
Methodology
The data is compiled by the U.S. Federal Reserve using standard statistical methods.
Historical Context
Economists and policymakers closely monitor this trend to understand the broader economic climate and inform policy decisions.
Key Facts
- The trend is calculated as a percent change from the same period a year earlier.
- It provides insights into the pace of economic expansion or contraction.
- The data is published regularly by the U.S. Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' trend measures the year-over-year change in an economic indicator, providing insights into the pace of economic growth or decline.
Q: Why is this trend relevant for users or analysts?
A: This trend is widely used by economists and policymakers to analyze economic performance and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Federal Reserve using standard statistical methods.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this trend to understand the broader economic climate and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve, with potential for minor delays or revisions.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUIN491T051000000), retrieved from FRED.