Sectoral Output Price Deflator for Other Services (Except Public Administration): Coin-Operated Laundries and Drycleaners (NAICS 812310) in the United States
IPUUN812310T051000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.80
Year-over-Year Change
300.00%
Date Range
1/1/1988 - 1/1/2022
Summary
The Sectoral Output Price Deflator for Other Services (Except Public Administration): Coin-Operated Laundries and Drycleaners (NAICS 812310) measures changes in the prices received by providers of coin-operated laundry and drycleaning services in the United States. This important economic indicator offers insights into inflationary pressures and consumer spending patterns in the services sector.
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 Sectoral Output Price Deflator tracks the average change over time in the selling prices received by U.S. coin-operated laundries and drycleaners. It serves as a key barometer for understanding pricing dynamics and cost-of-living changes for this segment of the services industry.
Methodology
The data is collected through surveys of businesses in the coin-operated laundry and drycleaning sector.
Historical Context
Analysts and policymakers monitor this price deflator to assess overall services-sector inflation and consumer behavior.
Key Facts
- The base year for this index is 2012.
- This deflator covers approximately 0.2% of total U.S. GDP.
- Prices are collected from a sample of 700+ coin-operated laundry and drycleaning establishments.
FAQs
Q: What does this economic trend measure?
A: The Sectoral Output Price Deflator for Other Services (Except Public Administration): Coin-Operated Laundries and Drycleaners (NAICS 812310) measures changes in the prices received by providers of coin-operated laundry and drycleaning services in the United States.
Q: Why is this trend relevant for users or analysts?
A: This price deflator offers important insights into inflationary pressures and consumer spending patterns within the services sector of the U.S. economy, making it a closely watched indicator by analysts and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses in the coin-operated laundry and drycleaning sector.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this price deflator to assess overall services-sector inflation and consumer behavior, which informs decisions around monetary policy and economic stabilization efforts.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately 2 months, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Sectoral Output Price Deflator for Other Services (Except Public Administration): Coin-Operated Laundries and Drycleaners (NAICS 812310) in the United States (IPUUN812310T051000000), retrieved from FRED.