Combined Inputs Costs for Transportation and Warehousing: Line-Haul Railroads (NAICS 482111) in the United States
Percent Change from Year Ago
IPUIN482111M021000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.50
Year-over-Year Change
-116.34%
Date Range
1/1/1988 - 1/1/2023
Summary
The 'Percent Change from Year Ago' series measures the annual percent change in U.S. industrial production, a key indicator of overall economic activity.
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 trend tracks the year-over-year percent change in the Federal Reserve's monthly industrial production index, which covers output from manufacturing, mining, and utilities. It is a widely followed metric for assessing the health and trajectory of the U.S. economy.
Methodology
The data is calculated by the U.S. Federal Reserve based on surveys of industrial facilities.
Historical Context
Economists and policymakers closely monitor this trend to gauge the strength of the industrial sector and broader macroeconomic conditions.
Key Facts
- Industrial production accounts for about 20% of U.S. GDP.
- The index covers output from factories, mines, and utilities.
- Annual percent changes can signal a recession or economic expansion.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' series tracks the annual percent change in U.S. industrial production, a key gauge of overall economic activity.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers to assess the health and trajectory of the U.S. industrial sector and broader economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on surveys of industrial facilities.
Q: How is this trend used in economic policy?
A: Economists and institutions use this metric to monitor the strength of manufacturing, mining, and utilities, which are crucial drivers of economic growth.
Q: Are there update delays or limitations?
A: The industrial production data is released monthly by the Federal Reserve with a typical lag of around 2-3 weeks.
Related Trends
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Sectoral Output for Transportation and Warehousing: Used Household and Office Goods Moving (NAICS 48421) in the United States
IPUIN48421T300000000
Intermediate Inputs Share for Transportation and Warehousing: Line-Haul Railroads (NAICS 482111) in the United States
IPUIN482111P030000000
Employment for Transportation and Warehousing: Urban Transit Systems (NAICS 48511) in the United States
IPUIN48511W200000000
Employment for Transportation and Warehousing: Rail Transportation (NAICS 4821) in the United States
IPUIN4821W010000000
Hours Worked for Transportation and Warehousing: Specialized Freight (Except Used Goods) Trucking, Local (NAICS 484220) in the United States
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUIN482111M021000000), retrieved from FRED.