Combined Inputs Price Deflator for Transportation and Warehousing: Line-Haul Railroads (NAICS 482111) in the United States
Percent Change from Year Ago
IPUIN482111M051000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-4.00
Year-over-Year Change
-140.00%
Date Range
1/1/1988 - 1/1/2023
Summary
The 'Percent Change from Year Ago' economic trend measures the annual rate of change in industrial production, providing insight into the health and growth 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
This key industrial indicator tracks the year-over-year percentage change in the Federal Reserve's Industrial Production Index, which measures the total inflation-adjusted output of U.S. factories, mines, and utilities. It is a widely followed metric for evaluating the strength of the overall economy.
Methodology
The Federal Reserve collects and calculates this monthly data series based on surveys of industrial facilities.
Historical Context
Policymakers and market analysts closely monitor this trend to gauge inflationary pressures and guide economic decision-making.
Key Facts
- The Industrial Production Index reached a record high in 2021.
- Manufacturing accounts for over 75% of total industrial production.
- The annual percent change has averaged 2.4% since 1972.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' measures the annual rate of change in U.S. industrial production, providing insight into the manufacturing sector's growth and output.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of economic health, as manufacturing and industrial activity are vital to the overall strength of the U.S. economy.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this monthly data based on surveys of industrial facilities and calculates the year-over-year percent change.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this indicator to gauge inflationary pressures and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The Federal Reserve releases this data series on a monthly basis, with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUIN482111M051000000), retrieved from FRED.