Nonfinancial Corporations Sector: Value-Added Output Price Deflator for Employees
Percent Change from Quarter One Year Ago
PRS88003141 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.20
Year-over-Year Change
-84.21%
Date Range
1/1/1948 - 1/1/2025
Summary
This economic trend measures the percent change in a variable from the same quarter one year ago. It provides insight into year-over-year growth or decline, which is a key indicator for economists and policymakers.
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 quarter one year ago is a widely used time series that compares a variable's current value to its value from the same quarter in the previous year. This metric helps analysts identify broader economic trends and seasonal patterns beyond short-term fluctuations.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics using survey responses and other government sources.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The series can be applied to various economic indicators like GDP, retail sales, and industrial production.
- Year-over-year percent changes help smooth out seasonal fluctuations in the data.
- The metric is a leading indicator of economic conditions and consumer/business confidence.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percent change in a variable from the same quarter one year ago, providing insight into year-over-year growth or decline.
Q: Why is this trend relevant for users or analysts?
A: The year-over-year percent change is a key indicator that helps analysts identify broader economic trends and seasonal patterns beyond short-term fluctuations.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics using survey responses and other government sources.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, so there may be a delay in the most recent information becoming available.
Similar PRS Trends
Nonfinancial Corporations Sector: Nonlabor Payments for Employees
PRS88003081
Nonfinancial Corporations Sector: Unit Combined Input Costs for Employees
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Nonfinancial Corporations Sector: Labor Share for Employees
PRS88003173
Nonfinancial Corporations Sector: Hourly Compensation for Employees
PRS88003101
Nonfinancial Corporations Sector: Value-Added Output for Employees
PRS88003053
Nonfinancial Corporations Sector: Unit Nonlabor Costs for Employees
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Citation
U.S. Federal Reserve, Percent Change from Quarter One Year Ago (PRS88003141), retrieved from FRED.