Sectoral Output Price Deflator for Manufacturing: Food Manufacturing (NAICS 311) in the United States
Percent Change from Year Ago
IPUEN311T051000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.50
Year-over-Year Change
-57.14%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend measures the year-over-year percent change in the U.S. Industrial Production Index for Utilities. It provides insights into the performance and growth of the utility sector, which is a key indicator of broader economic conditions.
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 Percent Change from Year Ago for the U.S. Industrial Production Index for Utilities tracks the annual change in this important economic indicator. Analysts and policymakers use this metric to assess the health and dynamics of the utility industry, which is a fundamental component of the overall economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve as part of the Industrial Production and Capacity Utilization survey.
Historical Context
This trend is closely monitored by economists, businesses, and policymakers to understand broader trends in the U.S. economy and guide decision-making.
Key Facts
- The U.S. utility sector accounts for approximately 10% of total industrial production.
- Utilities are a critical infrastructure supporting the broader economy.
- Fluctuations in utility output can signal changes in overall economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in the U.S. Industrial Production Index for Utilities, providing insights into the performance and growth of the utility sector.
Q: Why is this trend relevant for users or analysts?
A: The Percent Change from Year Ago for the U.S. Industrial Production Index for Utilities is a key indicator of the health and dynamics of the utility industry, which is a fundamental component of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve as part of the Industrial Production and Capacity Utilization survey.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by economists, businesses, and policymakers to understand broader trends in the U.S. economy and guide decision-making.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Federal Reserve, with a typical delay of around one month.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUEN311T051000000), retrieved from FRED.