Employment for Transportation and Warehousing: Couriers and Messengers (NAICS 492) in the United States
Percent Change from Year Ago
IPUIN492W201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
N/A%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' trend measures the annual percent change in the U.S. industrial production index, providing insight into the health and growth 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
This economic indicator tracks the year-over-year percent change in the Federal Reserve's industrial production index, which measures the real output of the U.S. manufacturing, mining, and electric and gas utility sectors. It is a key barometer of economic activity and an important input for policymakers and analysts.
Methodology
The data is calculated from the Federal Reserve's monthly industrial production index.
Historical Context
The percent change from a year ago is used to analyze economic and industrial trends over time.
Key Facts
- The industrial production index covers approximately 75% of the output of the U.S. industrial sector.
- In 2022, the percent change from a year ago reached a high of 5.5% as the economy recovered from the COVID-19 pandemic.
- This indicator helps policymakers monitor the strength of the manufacturing and industrial sectors.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' measures the annual percent change in the U.S. industrial production index, providing insight into the performance and growth of the manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This indicator is a key barometer of economic activity and an important input for policymakers and analysts as they assess the strength and direction of the U.S. industrial and manufacturing sectors.
Q: How is this data collected or calculated?
A: The data is calculated from the Federal Reserve's monthly industrial production index.
Q: How is this trend used in economic policy?
A: The percent change from a year ago in industrial production is used by economists and policymakers to analyze economic and industrial trends over time, informing policy decisions.
Q: Are there update delays or limitations?
A: The industrial production data is released monthly by the Federal Reserve, with a typical one-month lag between the reference period and the publication date.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUIN492W201000000), retrieved from FRED.