Combined Inputs Price Deflator for Transportation and Warehousing: Air Transportation (NAICS 481) in the United States
Percent Change from Year Ago
IPUIN481M051000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.20
Year-over-Year Change
-74.12%
Date Range
1/1/1988 - 1/1/2023
Summary
The 'Percent Change from Year Ago' trend measures the annual rate of change in industrial production. This metric is closely watched by economists and policymakers as an indicator of economic activity and manufacturing health.
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' tracks the year-over-year percent change in the Federal Reserve's industrial production index, which measures the real output of the manufacturing, mining, and electric and gas utility industries in the United States.
Methodology
The industrial production data is collected and calculated monthly by the Federal Reserve.
Historical Context
This trend is widely used to assess the state of the U.S. economy and inform monetary and fiscal policy decisions.
Key Facts
- The industrial production index reached a record high in 2021.
- Manufacturing accounts for over 75% of the industrial production index.
- Percent change from a year ago reached double digits during the post-pandemic recovery.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' trend measures the annual rate of change in the Federal Reserve's industrial production index, which tracks the real output of manufacturing, mining, and utilities in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is a closely watched indicator of economic activity and manufacturing health, providing insight into the strength of the U.S. industrial sector and broader economic conditions.
Q: How is this data collected or calculated?
A: The industrial production data is collected and calculated monthly by the Federal Reserve.
Q: How is this trend used in economic policy?
A: The 'Percent Change from Year Ago' trend is widely used by economists, policymakers, and market analysts to assess the state of the U.S. economy and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The industrial production data is published monthly by the Federal Reserve with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUIN481M051000000), retrieved from FRED.