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Index 2015=100, Monthly
CCUSMA02ATM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
101.65
Year-over-Year Change
-2.99%
Date Range
1/1/1960 - 12/1/2023
Summary
The Index 2015=100, Monthly trend measures the monthly change in wholesale prices for agricultural machinery and equipment in the United States. This metric is a key indicator of producer price dynamics and industrial production.
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 Index 2015=100, Monthly tracks the prices received by domestic producers of agricultural machinery and equipment. It is a component of the broader Producer Price Index, which is used to assess inflationary pressures and price trends across the U.S. economy.
Methodology
The data is collected through surveys of domestic producers and calculated using the Laspeyres formula.
Historical Context
This metric is closely monitored by policymakers, economists, and businesses to gauge the health of the agricultural equipment manufacturing sector.
Key Facts
- The base year for this index is 2015.
- Prices are measured at the producer or wholesale level.
- The index tracks a key manufacturing subsector of the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Monthly measures the monthly change in wholesale prices for agricultural machinery and equipment produced in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into inflationary pressures and production dynamics within the agricultural equipment manufacturing industry, which is an important part of the broader U.S. industrial landscape.
Q: How is this data collected or calculated?
A: The data is collected through surveys of domestic producers and calculated using the Laspeyres formula.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and businesses monitor this index to assess the health of the agricultural equipment manufacturing sector and its implications for the broader economy.
Q: Are there update delays or limitations?
A: The Index 2015=100, Monthly is published monthly by the U.S. Federal Reserve with typical release delays of around one month.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly (CCUSMA02ATM661N), retrieved from FRED.