Sectoral Output Price Deflator for Transportation and Warehousing: General Freight Trucking, Local (NAICS 48411) in the United States
Index 2017=100
IPUIN48411T050000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
137.98
Year-over-Year Change
35.04%
Date Range
1/1/1992 - 1/1/2024
Summary
The Index 2017=100 measures industrial production across a range of manufacturing, mining, and utility sectors in the United States. It is a key economic indicator used to assess the health and performance of the U.S. industrial economy.
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 Index 2017=100 tracks monthly changes in the volume of production for the U.S. industrial sector. It is calculated based on a comprehensive survey of national industrial activity, serving as a broad measure of economic output and utilization of industrial capacity.
Methodology
The data is collected through monthly surveys of industrial facilities and then aggregated to produce the overall index.
Historical Context
Policymakers and economists closely monitor the Index 2017=100 to gauge the momentum of the industrial economy and inform economic policy decisions.
Key Facts
- The index uses 2017 as the base year with a value of 100.
- The index covers a broad range of industrial sectors, including manufacturing, mining, and utilities.
- Economists view the index as an important leading indicator of overall economic activity.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the volume of production across a range of industrial sectors in the United States, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: The Index 2017=100 is a key economic indicator used by policymakers, analysts, and economists to assess the health and performance of the U.S. industrial economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of industrial facilities and then aggregated to produce the overall index.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the Index 2017=100 to gauge the momentum of the industrial economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The Index 2017=100 is published monthly by the U.S. Federal Reserve, with a typical release delay of around one month.
Related Trends
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Labor Compensation for Transportation and Warehousing: Line-Haul Railroads (NAICS 482111) in the United States
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUIN48411T050000000), retrieved from FRED.