Intermediate Inputs Productivity for Manufacturing: Railroad Rolling Stock Manufacturing (NAICS 336510) in the United States
Percent Change from Year Ago
IPUEN336510P001000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.10
Year-over-Year Change
-88.27%
Date Range
1/1/1988 - 1/1/2022
Summary
The 'Percent Change from Year Ago' economic trend measures the annual rate of change in industrial production. This metric is closely watched by economists and policymakers to assess the health and direction of the manufacturing sector.
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' series tracks the year-over-year percent change in the Federal Reserve's industrial production index, which covers output in the manufacturing, mining, and utilities sectors. This indicator provides insight into the broader economy's momentum and is used to inform policy decisions.
Methodology
The industrial production data is collected monthly by the U.S. Federal Reserve through surveys of industrial facilities.
Historical Context
Changes in industrial production are closely monitored by the Federal Reserve and other economic analysts to gauge the strength of the overall economy.
Key Facts
- Industrial production accounts for about 20% of U.S. economic output.
- The index tracks output in manufacturing, mining, and utilities.
- Consecutive declines in industrial production can signal an economic recession.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' series tracks the annual rate of change in industrial production, providing a gauge of manufacturing sector performance.
Q: Why is this trend relevant for users or analysts?
A: Changes in industrial production are closely watched by economists and policymakers as an indicator of broader economic health and momentum.
Q: How is this data collected or calculated?
A: The industrial production data is collected monthly by the U.S. Federal Reserve through surveys of industrial facilities.
Q: How is this trend used in economic policy?
A: The industrial production index is a key metric monitored by the Federal Reserve and other economic analysts to inform policy decisions.
Q: Are there update delays or limitations?
A: The industrial production data is released monthly with a typical lag of about one month.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUEN336510P001000000), retrieved from FRED.