Business Applications with Planned Wages for Arizona
Percent Change from Year Ago
WBUSAPPWNSAAZYY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-8.33
Year-over-Year Change
-147.90%
Date Range
1/6/2007 - 8/2/2025
Summary
The 'Percent Change from Year Ago' metric measures the annual change in a given economic indicator, providing insight into broad trends and shifts over time.
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 is commonly used by economists and policymakers to analyze the trajectory of the economy, as it highlights whether a particular indicator is accelerating, decelerating, or holding steady compared to the previous year.
Methodology
The data is calculated by the U.S. Federal Reserve as a year-over-year percent change.
Historical Context
Tracking 'Percent Change from Year Ago' is crucial for understanding the direction and pace of economic growth or contraction.
Key Facts
- The metric is calculated as a year-over-year percent change.
- It provides insight into the acceleration or deceleration of economic indicators.
- Monitoring this trend is crucial for understanding the direction of the economy.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' metric measures the annual change in a given economic indicator, providing insight into broad trends and shifts over time.
Q: Why is this trend relevant for users or analysts?
A: This metric is commonly used by economists and policymakers to analyze the trajectory of the economy, as it highlights whether a particular indicator is accelerating, decelerating, or holding steady compared to the previous year.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve as a year-over-year percent change.
Q: How is this trend used in economic policy?
A: Tracking 'Percent Change from Year Ago' is crucial for understanding the direction and pace of economic growth or contraction, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is typically updated on a regular schedule by the U.S. Federal Reserve, with minimal delays.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (WBUSAPPWNSAAZYY), retrieved from FRED.