Sectoral Output Price Deflator for Transportation and Warehousing: Postal Service (NAICS 49111) in the United States
IPUIN49111T050000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
143.30
Year-over-Year Change
49.76%
Date Range
1/1/1987 - 1/1/2024
Summary
The Sectoral Output Price Deflator for Transportation and Warehousing: Postal Service (NAICS 49111) measures changes in the prices received by the U.S. Postal Service for its services. This metric is a key indicator of inflation and pricing pressures in the postal industry.
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 Sectoral Output Price Deflator tracks the average change in prices charged by the U.S. Postal Service over time. It is a valuable data point for economists and policymakers analyzing price dynamics and inflationary trends in the transportation and logistics sector.
Methodology
The data is collected through surveys of postal service providers and calculated as a price index.
Historical Context
This metric is closely monitored by the Federal Reserve and other government agencies to inform monetary and economic policy decisions.
Key Facts
- The U.S. Postal Service is the largest postal service provider in the United States.
- The Postal Service delivered over 129 billion mail pieces in 2021.
- Postal service prices are a key component of the Producer Price Index (PPI).
FAQs
Q: What does this economic trend measure?
A: The Sectoral Output Price Deflator for Transportation and Warehousing: Postal Service (NAICS 49111) measures changes in the prices received by the U.S. Postal Service for its services.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of inflation and pricing pressures in the postal industry, which is closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of postal service providers and calculated as a price index.
Q: How is this trend used in economic policy?
A: The Sectoral Output Price Deflator for Postal Service is closely monitored by the Federal Reserve and other government agencies to inform monetary and economic policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential revisions of the Federal Reserve's economic indicators.
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Citation
U.S. Federal Reserve, Sectoral Output Price Deflator for Transportation and Warehousing: Postal Service (NAICS 49111) in the United States (IPUIN49111T050000000), retrieved from FRED.