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Percent Change from Year Ago
IPUJN51113U121000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.50
Year-over-Year Change
11.61%
Date Range
1/1/1988 - 1/1/2024
Summary
The Percent Change from Year Ago measures the year-over-year change in a key economic indicator. This metric provides important insights into economic growth, inflation, and consumer demand.
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 Percent Change from Year Ago tracks the annual rate of change in a specific economic variable, allowing analysts to identify trends and turning points in the broader economy. This time-series data is widely used by economists, policymakers, and investors to assess the health and trajectory of the U.S. economy.
Methodology
The data is calculated by the U.S. Federal Reserve as the percent change between the current month's value and the same month one year prior.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions to inform monetary policy and investment decisions.
Key Facts
- The data is released monthly by the U.S. Federal Reserve.
- Year-over-year changes provide a longer-term perspective than month-over-month.
- Positive values indicate economic expansion, while negative values signal contraction.
FAQs
Q: What does this economic trend measure?
A: The Percent Change from Year Ago measures the annual rate of change in a key economic indicator, such as industrial production, employment, or consumer prices.
Q: Why is this trend relevant for users or analysts?
A: This metric allows economists and policymakers to identify broader economic trends and turning points, which is crucial for informing monetary and fiscal policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve as the percent change between the current month's value and the same month one year prior.
Q: How is this trend used in economic policy?
A: The Percent Change from Year Ago is closely monitored by the Federal Reserve and other institutions to assess the overall health of the economy and guide policy responses.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve, with no significant update delays. However, the metric may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUJN51113U121000000), retrieved from FRED.