Consumer Price Index: Communication (COICOP 08): Total for Costa Rica
Quarterly
CRICP080000IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.94
Year-over-Year Change
-2.31%
Date Range
1/1/1995 - 10/1/2021
Summary
The Quarterly Industrial Production Index measures changes in the total industrial output of the U.S. economy. It is a key indicator of overall economic health and productivity.
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 Quarterly Industrial Production Index tracks changes in the real output of the U.S. manufacturing, mining, and electric and gas utility sectors. It is a widely-used barometer of the nation's industrial activity and economic performance.
Methodology
The index is calculated by the Federal Reserve based on monthly survey data from industrial establishments.
Historical Context
The Industrial Production Index is closely monitored by policymakers, economists, and investors to assess economic conditions and guide decisions.
Key Facts
- The index has a base year of 2017 = 100.
- Manufacturing accounts for about 75% of the overall index.
- The index reached a record high in the fourth quarter of 2021.
FAQs
Q: What does the Quarterly Industrial Production Index measure?
A: The index measures changes in the total real output of the U.S. manufacturing, mining, and utility sectors, providing an overview of industrial activity in the economy.
Q: Why is the Quarterly Industrial Production Index relevant for users or analysts?
A: The index is a key indicator of overall economic health and productivity, and is closely monitored by policymakers, economists, and investors to assess economic conditions and guide decisions.
Q: How is the Quarterly Industrial Production Index data collected or calculated?
A: The index is calculated by the Federal Reserve based on monthly survey data from industrial establishments.
Q: How is the Quarterly Industrial Production Index used in economic policy?
A: The index is used by policymakers, economists, and investors to assess the state of the U.S. economy and inform decisions on monetary and fiscal policy, investment strategies, and business planning.
Q: Are there any update delays or limitations with the Quarterly Industrial Production Index?
A: The index is released quarterly, with a delay of approximately 2 months after the end of the reference quarter. There may be revisions to the data as more complete information becomes available.
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Citation
U.S. Federal Reserve, Quarterly Industrial Production Index (CRICP080000IXNBQ), retrieved from FRED.