Output per Worker for Information: Broadcasting (Except Internet) (NAICS 515) in the United States
Percent Change from Year Ago
IPUJN515W001000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.40
Year-over-Year Change
80.49%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' economic trend measures the annual rate of change in industrial production. This key indicator provides insights into the health and direction of the broader economy.
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 series tracks the year-over-year percent change in the Federal Reserve's industrial production index, which covers manufacturing, mining, and utility output. It's a widely-watched gauge of real economic activity and a leading indicator of overall economic conditions.
Methodology
The data is collected through surveys of industrial facilities and calculated as a year-over-year percent change in the seasonally-adjusted production index.
Historical Context
The industrial production trend is closely monitored by policymakers, analysts, and investors for its implications on employment, consumer spending, and monetary policy.
Key Facts
- Manufacturing accounts for about 75% of total industrial production.
- Utility output makes up around 10% of the industrial production index.
- The index reached an all-time high in December 2021.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' metric tracks the annual rate of change in the Federal Reserve's industrial production index, a key indicator of real economic activity.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and direction of the broader economy, with implications for employment, consumer spending, and monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial facilities and calculated as a year-over-year percent change in the seasonally-adjusted production index.
Q: How is this trend used in economic policy?
A: The industrial production trend is closely monitored by policymakers, analysts, and investors for its implications on the overall economy and potential policy responses.
Q: Are there update delays or limitations?
A: The industrial production data is released monthly by the Federal Reserve with a typical lag of around six weeks.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUJN515W001000000), retrieved from FRED.