Combined Inputs Costs for Manufacturing: Cement and Concrete Product Manufacturing (NAICS 3273) in the United States
Percent Change from Year Ago
IPUEN3273M021000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.30
Year-over-Year Change
-488.10%
Date Range
1/1/1988 - 1/1/2022
Summary
The 'Percent Change from Year Ago' trend measures the year-over-year percentage change in an economic indicator, providing insight into the pace of economic growth or decline.
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 metric is widely used by economists and policymakers to analyze trends in key economic variables like industrial production, consumer prices, and employment. It helps identify turning points and evaluate the momentum of the economy.
Methodology
The data is calculated by the U.S. Federal Reserve as the percent change between the current month's value and the value from the same month a year prior.
Historical Context
This trend is referenced in Federal Reserve statements and economic reports to gauge inflationary pressures and the overall health of the U.S. economy.
Key Facts
- Measures year-over-year percent change.
- Widely used by economists and policymakers.
- Helps identify turning points in the economy.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' trend measures the year-over-year percentage change in an economic indicator, such as industrial production or consumer prices.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists and policymakers to analyze economic trends and evaluate the momentum of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve as the percent change between the current month's value and the value from the same month a year prior.
Q: How is this trend used in economic policy?
A: This trend is referenced in Federal Reserve statements and economic reports to gauge inflationary pressures and the overall health of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is published monthly by the Federal Reserve with no significant update delays.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUEN3273M021000000), retrieved from FRED.