Import Price Index by Origin (NAICS): Nonmetallic Mineral Product Manufacturing for Pacific Rim
COPRIMZ327 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.00
Year-over-Year Change
-1.35%
Date Range
6/1/2012 - 6/1/2025
Summary
The Import Price Index by Origin (NAICS): Nonmetallic Mineral Product Manufacturing for Pacific Rim tracks changes in the prices of imported nonmetallic mineral products from the Pacific Rim region. This metric is important for monitoring global trade dynamics and inflationary pressures.
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 measures the monthly change in the prices of imported nonmetallic mineral products, such as glass, cement, and ceramic products, that are manufactured in the Pacific Rim region and imported into the United States. It provides insights into the competitiveness of foreign producers and can signal changing supply chain conditions.
Methodology
The data is collected through surveys of importers and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and market analysts use this index to assess the impact of global trade on domestic prices and competitiveness.
Key Facts
- The index is published monthly by the U.S. Bureau of Labor Statistics.
- The base year for the index is 2000.
- Prices are collected through surveys of U.S. importers.
FAQs
Q: What does this economic trend measure?
A: This index measures the monthly change in the prices of imported nonmetallic mineral products, such as glass, cement, and ceramic products, that are manufactured in the Pacific Rim region and imported into the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the competitiveness of foreign producers and can signal changing supply chain conditions, which is important for monitoring global trade dynamics and inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected through surveys of importers and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this index to assess the impact of global trade on domestic prices and competitiveness.
Q: Are there update delays or limitations?
A: The index is published monthly, with data typically available within a few weeks of the reference period.
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Citation
U.S. Federal Reserve, Import Price Index by Origin (NAICS): Nonmetallic Mineral Product Manufacturing for Pacific Rim (COPRIMZ327), retrieved from FRED.