Producer Prices Index: Type of Goods: Intermediate Goods: Domestic for Colombia
Index 2015=100, Monthly
COLPITGIG02IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.76
Year-over-Year Change
3.67%
Date Range
1/1/2001 - 8/1/2018
Summary
The Index 2015=100, Monthly measures the total output of the U.S. goods-producing industries. It is a key indicator of overall industrial production and economic health.
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 index tracks the volume of output from manufacturing, mining, and electric and gas utilities sectors in the United States. It is a widely followed metric used by economists, policymakers, and analysts to assess the broader industrial economy.
Methodology
The data is collected through surveys of industrial facilities and calculated based on a comprehensive production-weighted system.
Historical Context
The Index is referenced by the Federal Reserve and other institutions to monitor industrial trends and guide economic policy decisions.
Key Facts
- The index has a base year of 2015, set to 100.
- It covers a range of goods-producing sectors including manufacturing, mining, and utilities.
- The index is released monthly by the U.S. Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Monthly measures the total volume of output from the U.S. goods-producing industries, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: This index is a widely followed indicator of overall industrial production and economic health, used by economists, policymakers, and analysts to assess the broader industrial economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial facilities and calculated based on a comprehensive production-weighted system.
Q: How is this trend used in economic policy?
A: The Index is referenced by the Federal Reserve and other institutions to monitor industrial trends and guide economic policy decisions.
Q: Are there update delays or limitations?
A: The Index is released monthly by the U.S. Federal Reserve with no significant update delays.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly (COLPITGIG02IXOBM), retrieved from FRED.