Employment for Information: Other Information Services (NAICS 5191) in the United States
Percent Change from Year Ago
IPUJN5191W201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
-75.81%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' indicator measures the annual rate of change in a given economic variable. It is a widely used metric that helps economists and policymakers understand long-term trends and shifts in the 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 a key economic indicator, providing insight into the pace and direction of economic growth or contraction. Analysts use this metric to evaluate the trajectory of the economy and inform policy decisions.
Methodology
The percent change is calculated by comparing the current value of the indicator to its value from the same period one year prior.
Historical Context
Policymakers and investors closely monitor year-over-year changes to gauge the overall health and momentum of the economy.
Key Facts
- The metric is expressed as a percentage change.
- It can be applied to a wide range of economic variables.
- Long-term positive values suggest expanding economic activity.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' indicator measures the annual rate of change in a given economic variable, such as output, employment, or prices.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the long-term trajectory of the economy, helping economists and policymakers evaluate growth trends and make informed decisions.
Q: How is this data collected or calculated?
A: The percent change is calculated by comparing the current value of the indicator to its value from the same period one year prior.
Q: How is this trend used in economic policy?
A: Policymakers and investors closely monitor year-over-year changes to gauge the overall health and momentum of the economy, which informs policy decisions and market strategies.
Q: Are there update delays or limitations?
A: The data is typically released on a monthly or quarterly basis, with some potential for lag in the reporting period.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUJN5191W201000000), retrieved from FRED.