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Percent Change from Year Ago
IPUJN5152U121000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.40
Year-over-Year Change
62.12%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' trend measures the year-over-year change in a key economic indicator, providing insight into the pace of economic growth or decline.
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 calculates the percent change in a selected economic indicator compared to the same period a year earlier. It is a widely used statistic for analyzing trends and evaluating the performance of the overall economy or specific sectors.
Methodology
The data is compiled by the U.S. Federal Reserve based on surveys and administrative records.
Historical Context
Policymakers and analysts closely monitor this trend to inform economic and monetary policy decisions.
Key Facts
- The metric is expressed as a percentage change.
- It can be calculated for various economic indicators, such as GDP, employment, or consumer prices.
- Year-over-year comparisons help smooth out seasonal variations in the data.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' trend measures the year-over-year change in a selected economic indicator, providing insight into the pace of economic growth or decline.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists, policymakers, and analysts to evaluate the performance of the overall economy or specific sectors and inform economic and monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Federal Reserve based on surveys and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to understand the current state of the economy and make informed decisions about economic and monetary policy.
Q: Are there update delays or limitations?
A: The data is typically released on a regular schedule, but there may be occasional delays or limitations depending on the source and collection methods.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUJN5152U121000000), retrieved from FRED.