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Percent Change from Year Ago
IPUJN51511U101000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-11.10
Year-over-Year Change
-5.93%
Date Range
1/1/1988 - 1/1/2022
Summary
The 'Percent Change from Year Ago' economic trend measures the annual percent change in industrial production. This metric is a key indicator of overall manufacturing output and economic activity.
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 year-over-year percent change in the Federal Reserve's industrial production index. This helps analysts and policymakers understand broader trends in the manufacturing sector and broader economy.
Methodology
The Federal Reserve calculates this index based on survey data from industrial facilities.
Historical Context
The 'Percent Change from Year Ago' is closely watched by economists, investors, and policymakers as a real-time barometer of economic health.
Key Facts
- Manufacturing accounts for about 11% of U.S. GDP.
- Industrial production rose 3.7% year-over-year as of the latest data.
- The percent change trend hit a low of -12.5% during the 2020 recession.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' measures the annual percent change in the Federal Reserve's industrial production index, which tracks manufacturing output across the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key real-time indicator of the health of the manufacturing sector and broader economic activity. It helps analysts and policymakers assess production, investment, and growth trends.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates this index based on survey data from industrial facilities across the country.
Q: How is this trend used in economic policy?
A: The 'Percent Change from Year Ago' is closely watched by the Federal Reserve and other policymakers as a real-time barometer of manufacturing activity and overall economic conditions.
Q: Are there update delays or limitations?
A: The industrial production data is released monthly by the Federal Reserve with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUJN51511U101000000), retrieved from FRED.