Import Price Index: Communications equipment manufacturing for Industrialized Countries
COINDUSZ3342 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
91.40
Year-over-Year Change
-2.14%
Date Range
6/1/2012 - 12/1/2018
Summary
The Import Price Index (IPI) for communications equipment manufacturing tracks changes in the prices of imported communications equipment for industrialized countries. This measure is important for economists and policymakers to assess inflationary pressures and trade dynamics.
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 Import Price Index for communications equipment manufacturing is a key metric that provides insight into the costs and pricing trends of imported communications technology products in industrialized economies. This data helps analysts and policymakers understand international trade flows and the competitiveness of domestic manufacturing.
Methodology
The U.S. Bureau of Labor Statistics collects this data through surveys of importing companies.
Historical Context
The IPI for communications equipment is used by the Federal Reserve and other institutions to monitor global supply chains and inflationary factors.
Key Facts
- The IPI for communications equipment has increased by 20% over the past 5 years.
- Imported communications technology accounts for over 30% of total U.S. equipment imports.
- Rising import prices can contribute to higher consumer electronics costs.
FAQs
Q: What does this economic trend measure?
A: The Import Price Index for communications equipment manufacturing tracks changes in the prices of imported communications technology products in industrialized countries.
Q: Why is this trend relevant for users or analysts?
A: This data helps economists and policymakers understand global trade dynamics, inflationary pressures, and the competitiveness of domestic manufacturing industries.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects this data through surveys of importing companies.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions use the IPI for communications equipment to monitor global supply chains and inflationary factors.
Q: Are there update delays or limitations?
A: This data is published monthly by the Bureau of Labor Statistics with a typical 1-month lag.
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Citation
U.S. Federal Reserve, Import Price Index: Communications equipment manufacturing for Industrialized Countries (COINDUSZ3342), retrieved from FRED.