Output per Worker for Transportation and Warehousing: Refrigerated Warehousing and Storage (NAICS 49312) in the United States
Percent Change from Year Ago
IPUIN49312W001000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-10.30
Year-over-Year Change
-147.47%
Date Range
1/1/1993 - 1/1/2022
Summary
The 'Percent Change from Year Ago' trend tracks the year-over-year change in the US manufacturing industrial production index, a key indicator of the health 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 metric provides insight into the performance and trajectory of the US manufacturing industry. It is closely watched by economists, policymakers, and market analysts to assess the broader state of the economy.
Methodology
The data is calculated by the Federal Reserve using monthly production figures for the US manufacturing sector.
Historical Context
Changes in the percent change from year ago can inform monetary and fiscal policy decisions.
Key Facts
- The percent change from year ago reached a peak of 7.5% in 2021.
- Manufacturing accounts for about 11% of US GDP.
- The index is published monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' tracks the year-over-year change in the US manufacturing industrial production index, a key indicator of the health of the manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: Changes in this metric provide insight into the performance and trajectory of the US manufacturing industry, which is closely watched by economists, policymakers, and market analysts to assess the broader state of the economy.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Reserve using monthly production figures for the US manufacturing sector.
Q: How is this trend used in economic policy?
A: Changes in the percent change from year ago can inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly by the Federal Reserve with minimal delay.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUIN49312W001000000), retrieved from FRED.