Unit Labor Costs for Information: Cable and Other Subscription Programming (NAICS 51521) in the United States
Percent Change from Year Ago
IPUJN51521U101000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.00
Year-over-Year Change
66.67%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' metric measures the year-over-year change in an economic indicator, providing insight into broader trends and growth patterns.
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 data series tracks the percent change in a given economic variable compared to the same month or quarter from the previous year. It is widely used by economists and policymakers to analyze economic performance and identify turning points in the business cycle.
Methodology
The percent change is calculated by comparing the current period's value to the corresponding period's value from the prior year.
Historical Context
Policymakers and analysts closely monitor year-over-year trends to better understand the pace and direction of economic expansion or contraction.
Key Facts
- The percent change formula is: (Current Period Value - Prior Year Value) / Prior Year Value
- Year-over-year comparisons help smooth out seasonal fluctuations in data
- Percent change is a widely used metric across various economic indicators
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' metric tracks the year-over-year change in an economic variable, providing insight into broader growth trends.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists and policymakers to analyze economic performance and identify turning points in the business cycle.
Q: How is this data collected or calculated?
A: The percent change is calculated by comparing the current period's value to the corresponding period's value from the prior year.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor year-over-year trends to better understand the pace and direction of economic expansion or contraction.
Q: Are there update delays or limitations?
A: The data is typically released on a monthly or quarterly basis, depending on the underlying economic indicator.
Related Trends
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IPUJN517410W010000000
Unit Labor Costs for Information: Broadcasting (Except Internet) (NAICS 515) in the United States
IPUJN515U100000000
Hours Worked for Information: Radio and Television Broadcasting (NAICS 5151) in the United States
IPUJN5151L200000000
Real Sectoral Output for Information: Cable and Other Subscription Programming (NAICS 515210) in the United States
IPUJN515210T011000000
Hourly Compensation for Information: Radio Broadcasting (NAICS 51511) in the United States
IPUJN51511U120000000
Sectoral Output Price Deflator for Information: Radio Broadcasting (NAICS 51511) in the United States
IPUJN51511T050000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUJN51521U101000000), retrieved from FRED.