Employment for Transportation and Warehousing: Couriers and Express Delivery Services (NAICS 492110) in the United States
Percent Change from Year Ago
IPUIN492110W201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.40
Year-over-Year Change
180.00%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' series measures the annual percent change in the U.S. industrial production index. This key economic indicator provides insight into the overall health and performance of the manufacturing sector.
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
The industrial production index tracks the real output of U.S. manufacturing, mining, and electric and gas utilities industries. Economists and policymakers closely monitor this measure to assess the strength of the industrial economy and broader economic conditions.
Methodology
The Federal Reserve calculates this index based on survey data from industrial establishments.
Historical Context
Percent change from a year ago is a common metric used to analyze industrial production trends and inform economic policy decisions.
Key Facts
- The industrial production index covers about 75% of the total industrial output of the United States.
- The index is published monthly by the Federal Reserve.
- Annual percent changes in industrial production can signal economic expansions and contractions.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' series measures the annual percent change in the U.S. industrial production index, which tracks the real output of key industrial sectors.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and performance of the manufacturing sector, which is a critical driver of broader economic conditions. Monitoring industrial production is key for economists and policymakers.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates this index based on survey data from industrial establishments across the United States.
Q: How is this trend used in economic policy?
A: Percent change in industrial production is a key economic indicator that informs decisions by the Federal Reserve, government policymakers, and market analysts.
Q: Are there update delays or limitations?
A: The industrial production index is published monthly by the Federal Reserve, providing timely data on this important economic metric.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUIN492110W201000000), retrieved from FRED.